In
a move that has caught technology analysts by surprise, Hewlett-Packard,
the world's leading PC manufacturer, is set to take over Dell Computers
of Round Rock, Texas.
Earlier
this year, Dell announced a leveraged buyout by founder Michael Dell
and Silver Lake Partners. Additional funding was set to be put in place
by Microsoft. The deal was pending shareholder approval when HP stepped
in to purchase 51% of Dell, Inc stock. The sale is rumoured to be worth
$3.5 billion.
HP was founded in a one-car garage in Palo Alto California in 1935 by William "Bill" Redington Hewlett and Dave Packard. The garage has since been dubbed the birthplace of Silicon Valley.
HP was founded in a one-car garage in Palo Alto California in 1935 by William "Bill" Redington Hewlett and Dave Packard. The garage has since been dubbed the birthplace of Silicon Valley.
2 comments:
I think your article is not true. Read this from just a couple of days ago: http://www.reuters.com/article/2013/09/12/us-dell-buyout-idUSBRE98B0FC20130912
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