Michael Dell to be 'Aggressive' if Buyout Succeeds

In a message to employees, company founder vows to pursue new markets that will 'position Dell for long-term success.'

Under his plan, Dell would hire more sales personnel and "invest for growth in the PC and tablet business... to enhance our ability to compete," the memo said.

Going for Solutions

Dell also said he plans more efforts in "end-to-end information technology solutions" including software, cloud computing, consulting and managed security services.

"We see a lot of new work that needs to be done, but also an extraordinary long-term opportunity if we get it right," he said.

"I am more energized for the future of Dell than ever. Together, we have built an amazing company and our best days are still ahead."

Last week, the special committee renewed its backing for the buyout but said it would continue talks on alternate bids.

The panel, which now faces an apparent bidding war, said the offers from billionaire corporate raider Carl Icahn and investment fund Blackstone Group had not yet been finalized, so it was not clear if they were better for shareholders.

Copyright Agence France-Presse, 2013

Please or Register to post comments.

Subscribe to IW Newsletters

IW Marketplace - Buy a Link Now