Skip to main content

Dell Is Ready to Go Public Again. But Has it Really Changed?

posted onJuly 3, 2018
by l33tdawg

Dell Technologies is going public again, five years after going private to transform itself amid slowing personal computer sales. Dell has certainly changed in those years, but it needs to change even more if it doesn't want to find itself back in the same position.

Since going private, Dell has invested heavily in expanding its business selling hardware, software, and services for data centers. In 2016, it paid a record breaking $67 billion for the storage hardware giant EMC, including EMC’s stakes in business software companies VMware and Pivotal, which will remain independent. In filings with the Securities and Exchange Commission, Dell now describes itself as “a strategically aligned family of businesses.” One thing hasn't changed: Founder and CEO Michael Dell owns a controlling stake in the company.

The EMC deal helped Dell withstand slowing sales of personal computers. In its fiscal year ended Feb. 2, revenue in Dell’s “Client Solutions Group” was slightly less than three years earlier. But revenue in the “Infrastructure Solutions Group,” which sells to businesses, more than doubled, as did Dell’s overall operating-segment income.

Source

Tags

Dell Industry News

You May Also Like

Recent News

Friday, November 1st

Tuesday, July 9th

Wednesday, July 3rd

Friday, June 28th

Thursday, June 27th

Thursday, June 13th

Wednesday, June 12th

Tuesday, June 11th

Friday, June 7th

Thursday, June 6th