Home > Hardware > Dell Considers Going Public Again

Dell Considers Going Public Again

Recent reports reveal that Dell Technologies is considering going public again, just four years after Michael Dell took the company private.

According to Bloombergthe move would enable the PC maker to reduce significant debt levels and raise cash.

Dell’s IPO would undo what was reportedly the biggest leveraged buyouts in tech business history.

Reports state that Dell’s Board is meeting later this month to discuss several strategic options – including an IPO.

Back in 2013, Michael Dell teamed up with Silver Lake to take his company private. The decision enabled the company to cut costs, and further increase its ability to become a notable supplier of hardware and software for corporate data centres.

Dell purchased storage-technology provider, EMC Corp, three years later. It also acquired a majority stake in data centre software provider, VMware.

According to Bloomberg, Dell accrued nearly US$46 billion of debt. Raising cash could, therefore, help lighten the load.



You may also like
PC Market Dives As Buyers Move Back To Value Machines
Dell To Feature Wireless Phone Charging In Notebooks
Global PC Shipments Hit Nine-Year Low
Alienware Debut Gaming Laptops With 480Hz Display
Review: Why Buy A MacBook With An M2 Processor When Dell’s Better XPS 13 Plus Has A Powerhouse Intel Processor?