March 19, 2013 |
Blackstone Group is weighing a bid for Dell Inc., the computer maker seeking offers to rival the proposed $24.4-billion buyout by its founder and Silver Lake Management, said people with knowledge of the matter. Blackstone may bid as part of a group including other investors, said one of the people, who asked not to be named because the process is confidential. The New York private-equity firm hasn't made a decision, said another person. Under the go-shop provision of the Silver Lake merger agreement, Dell's board has through March 22 to seek superior proposals, and can negotiate beyond that date if it receives an offer it deems serious.
February 5, 2013 |
After struggling for years to remake itself, Dell Inc. has announced it will be taken private in a deal valued at about $24.4 billion. Under the terms of the agreement, the Round Rock, Texas, company will be acquired by Dell founder and Chief Executive Michael S. Dell and global technology investment firm Silver Lake. Microsoft Corp. will invest $2 billion in the deal, a move the Redmond, Wash., company said it was undertaking to help support "the long-term success of the entire PC ecosystem.
CALIFORNIA | LOCAL
April 12, 2012 |
Jack Tramiel, the tough and aggressive Commodore International founder who brought millions of people into the world of personal computers in the late 1970s and early '80s with his low-cost PCs, has died. He was 83. Tramiel, who lived in Monte Sereno, Calif., died Sunday at Stanford Hospital in Palo Alto , said his son, Leonard. He had been suffering from congestive heart failure for many years. A Polish-born survivor of the Auschwitz concentration camp who began his business career with a typewriter repair shop in the Bronx in the early 1950s, Tramiel (pronounced tra-MELL)
CALIFORNIA | LOCAL
December 25, 2011 |
Jacob E. Goldman, the former Xerox chief scientist who created the company's famed Palo Alto Research Center, whose scientists and engineers invented the modern personal computer in the 1970s and developed an array of other pioneering computing technologies, has died. He was 90. Goldman, a resident of Westport, Conn., died Tuesday at a hospital in nearby Stamford after a short illness, said his son, Melvin. A physicist, Goldman had been the head of the research and development laboratory at Ford Motor Co. before joining Xerox, then based in Rochester, N.Y., as chief scientist in late 1967.
November 23, 2011 |
Apple Inc. may want to change its mind on the "I'm a Mac/I'm a PC" question. If the company decides to apply the "PC" label to its own computing devices, it may soon find that it is the world's largest personal computer vendor. It takes a little semantic contortion, but if the iPad tablet - or any tablet - counts as a personal computer, Apple is on track to sell more PCs than computing giants such as Hewlett-Packard Co. and Dell Inc. by the middle of next year, research firm Canalys said.
May 6, 2011 |
There was a time when Steve Mehta was on his laptop nonstop. Nowadays, he hardly touches it. The 43-year-old attorney uses his tablet computer to highlight legal briefs, take notes for court cases or flip though a digital version of the California probate code. "The laptop is so limited," Mehta he said as he stood against the wall of a crammed Los Angeles subway car, watching an episode of "Modern Family" on his tablet. "But everything you want to do, this thing does. " So long, laptop?