14 DAY TRIAL // Michael Dell strove and toiled for months before he finally managed to fight off the hostile takeover attempt on the part of billionaire activist Carl Icahn. Now, the rest of the world is reacting to his success.
Michael Dell is the founder and CEO of Dell. He initiated buyout plans back in 2013, and was stymied by Icahn's attempt to outbid him when he saw the chance to acquire such a prize.
Eventually, however, he got the shareholder behind him, and bought the company, with help from some friends (Silver Lake private equity buy-out and recapitalization firm).
Now, the man is changing the stance of the company. It has already dropped Windows RT tablets.
Analyst are now in agreement that component suppliers should brace themselves for the sudden loss of steady business contracts, and the appearance of others.
PCs will stop being Dell's focus in the US, for example (though they won't be abandoned).
Meanwhile, Dell will try to better integrate hardware and software on the mobile front.