Dell has been rated as the third in the list of PC makers in the market today. A conflict with its CEO, Michael Dell and Carl Ichan from Southeastern Asset Management and T. Rowe Price had been raging for some time now which Reuter informs has been settled. Michael Dell gets to buy Dell Inc private for a sum of $25 billion. Carl Ichan and his company had been a major shareholder in the company.
With this, there would be a change in focus of the company and along with computers, the company plans to invest more in tablets also. After the vote authorising his take over, Michael Dell announced more focus towards marketing and distribution was the need of the day. Tablets would be their area of focus along with computers which is facing a downward trend in the market today, as per the CEO.
The new structure would help in the company furthering its dreams and therefore shareholders desire, is what the CEO mentioned at the meeting. That they have been able to shrug off the continuous hurdles placed by Carl’s Asset Management Company setting targets and holding up progress due its scrutiny of the transactions would mean rapid progress now a possibility.
The founder and CEO of Dell did not elaborate on the issue of layoffs with the new set up. Dell has a long way to go as yet for a complete resurgence to pit against players like HP and the likes who have gained quite a foot hold in the tablet market already. Many of the shareholders who voted for the takeover did mention that they were not sure but wanted to give it a try.
Dell has had a luke warm response to their tablet efforts so far though with slumping demand for PCs, the company has no other choice but to go for the lucrative tablet segment all over again. For this, it is banking on the new Windows 8.1 platform which they believe will make for the best business oriented tablet device. The company already has a Windows 8.1 based tablet in the making based on the new Intel Atom bay Trail chip. The tablet which also comes with a stylus carries a tentative price tag of $400 which is quite competitive. However, the company has also stated they are not giving up on Android altogether and tablet devices based on the Google OS will also be in its thrust areas.