Dell recently decided to go private after a shareholder vote earlier this year. The company is supposed to be worth about $24.9 billion, and is the largest company ever to remove itself from the public stock market. They have been planning the switch for months and were only able recently to strike up the deal. They have no major plans on changing their current business model. They will still be in the PC market, although they are looking into expanding into tablets, and other electronic devices.
It is interesting to see social media companies like Facebook and Twitter opening up IPOs, while a company that manufactures computers decides to go private. People don’t need computers anymore to do everyday things like check email, browse the internet, or play games. Smartphones and tablets are gaining more functionality everyday, and it appears they are slowly beginning to phase out the personal computer.