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Dell Inc. (DELL)

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DELL is defunct since October 29, 2013. Acquired by Silver Lake Partners
  • Jul. 6, 2012, 10:31 AM
    For whatever it's worth, Digitimes claims H-P (HPQ) will indeed launch a Windows RT (MSFT) tablet in Q4, in spite of company statements suggesting otherwise. It's added Dell (DELL) will also launch an RT tablet in Q4 (as expected), and that the PC vendors will use processors from Texas Instruments (TXN) and Qualcomm (QCOM).
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  • Jul. 5, 2012, 1:48 PM
    Dell's (DELL) purchase of Quest Software (QSFT) is the by-product of growing demand for integrated hardware/software solutions, says Information Week's Charles Babcock. A hardware-centric approach isn't enough for many companies deploying virtualized servers, and Quest's virtualization backup and management solutions fill a major hole in Dell's arsenal. However, Evercore's Rob Chira is concerned integrating Quest's diverse product line, the result of several acquisitions, won't be easy.
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  • Jul. 5, 2012, 1:30 PM
    ISI's Brian Marshall is the latest to voice concerns about the impact of cloud infrastructure platforms on enterprise storage vendors such as EMC, IBM, NTAP, DELL, and HPQ. Marshall thinks Amazon's (AMZN) S3 storage service, which runs on home-grown commodity gear, might generate $800M in annual revenue, and (together with solutions from Google and others) poses a threat to the $23B market for low-end enterprise storage. (also)
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  • Jul. 2, 2012, 5:29 PM
    Deutsche praises Dell's (DELL -1%) purchase of Quest Software (QSFT). The firm expects the deal, which will decrease Dell's cash balance by $2.4B, will be accretive to 2013 EPS by $0.04-$0.07. BMO also likes the deal, but has concerns about Quest's slow license revenue growth. Software chief John Swainson (previous) says Quest will be "the cornerstone" of Dell's software ops. Dell, hungry to lessen its PC dependence, has made a string of software acquisitions (I, II, III).
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  • Jul. 2, 2012, 8:36 AM
    Quest Software (QSFT) is halted on news that Dell (DELL) will be acquiring it for $28/share ($2.4B), slightly higher than the expected $27.50/share.
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  • Jul. 2, 2012, 5:06 AM
    Dell (DELL) is set to announce as soon as this morning that it's buying Quest Software (QSFT), sources say. The final price for the deal isn't known yet, though Dell reportedly offered $27.50/share last week, or roughly $2.3B. (previously)
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  • Jun. 28, 2012, 1:20 PM
    JPMorgan's Mark Moskowitz has cut his targets for 12 IT hardware companies, including Dell (DELL -3.8%), H-P (HPQ -1.1%), and Western Digital (WDC -3.1%). He cites weak Euro IT spending, Chinese growth worries, and the impact of a strong dollar on exports. Targets are also cut for Apple (AAPL), IBM, EMC, and NetApp (NTAP), but Moskowitz is more positive on their ability to weather the storm. (STX/WDC downgrade)
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  • Jun. 28, 2012, 9:25 AM
    Seagate (STX) -5.4% and Western Digital (WDC) -3.7% following downgrades to Hold from ThinkEquity. The firm says checks indicate emerging markets PC demand is weakening, and what's bad from the PC market is bad for the hard drive market. While commentary about soft U.S./Euro PC demand has been widespread, an emerging markets slowdown seems to be a wrinkle the market hasn't yet priced in.
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  • Jun. 27, 2012, 2:20 PM
    Caris' Craig Ellis slashes his Q2 and 2012 estimates for Intel (INTC) after checks indicate Euro PC sales growth is "tracking 250 bps or so" below prior expectations. That, along with a "lean inventory bias" among PC vendors, leads him to think there's "300-800 bps of downside risk" to Intel's 2H revenue growth. Baird and JPMorgan on Intel earlier this month for similar reasons, and others have also made downbeat assessments about near-term PC demand.
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  • Jun. 26, 2012, 2:34 PM
    LCD panel makers are shifting capacity from monitor production to tablet and TV production, sources tell Digitimes. The report notes panel makers are both optimistic about a 2H pickup in TV demand (sales were weak in Q1), and pessimistic about the monitor market's growth potential. It could be further evidence (I, II) global PC demand is slumping.
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  • Jun. 25, 2012, 10:28 AM
    Reuters reports Dell (DELL -2.7%), unsurprisingly, is the "strategic bidder" that just made a $27.50/share offer for Quest Software (QSFT +5.4%). Quest is currently changing hands at $27.64.
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  • Jun. 25, 2012, 9:04 AM
    Quest Software's (QSFT +5%) secret strategic admirer comes back with an increased $2.32B bid for the company, which is higher than the $2.17B proposed by P-E firm Insight. The suitor, possibly Dell (DELL), offered $27.50/share, or a 5% premium to Quest's Friday close of $26.22. (PR)
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  • Jun. 19, 2012, 6:40 PM
    Quest Software (QSFT), which closed at $26.52 today, announces it has amended its merger agreement with Insight Venture. Insight's buyout price is now $25.75/share, up from a prior $23/share. As part of the amendment, which is the result of a $25.50/share bid reportedly from Dell (DELL), Quest has agreed to increase its termination fee to $25M from a prior $6.3M. Quest -1.6% AH to $26.10.
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  • Jun. 19, 2012, 6:13 PM
    IDC expects global PC sales to rise 5% this year to 382.6M. Most of the growth is expected to come from a 12% increase in emerging markets notebook sales - just 1.7% growth is expected for developed markets. This works to the benefit of Lenovo (LNVGY.PK), which has been picking up share, and to the detriment of Dell (DELL), whose PC ops just had a dismal quarter. In spite of tablet cannibalization, IDC is staying positive about 2013, estimating PC sales will rise 8.1%.
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  • Jun. 19, 2012, 10:27 AM
    Microsoft (MSFT +3.5%) jumps following the introduction of Surface (I, II), as hopes grow that Windows 8 will emerge as a legit rival to the iPad (AAPL). Analysts are praising Surface - S&P is upgrading Microsoft to Strong Buy - but also note the tablet's potential to create tension with Windows OEMs; Dell (DELL -1.5%) is notably selling off today. Aware of this issue, Microsoft suggests Surface will be priced on par with other Windows 8 tablets, and, for now at least, only plans to sell it online and at Microsoft Stores.
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  • Jun. 18, 2012, 2:39 PM
    After hardly moving most of today, Quest Software (QSFT +1.9%) has spiked to $26.68 on a Bloomberg report that Insight Venture has topped Dell's (DELL) reported $25.50/share offer for the company. Quest remarked previously that Insight maintained "certain matching rights" related to third-party offers.
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Company Description
Dell listens to customers and delivers innovative technology and services they trust and value. As a leading technology company, we offer a broad range of product categories, including mobility products, desktop PCs, software and peripherals, servers and networking, services, and storage.... More
Sector: Technology
Country: United States