Monday, August 13, 2012

Dell reported to be thinking acquisition - New Mexico Business Weekly:

takes-trendsthe.blogspot.com
The Round Rock, Tx.-based Dell DELL) is expecting to acquire a “significant-sizesd company” in the data storage servicesw business, The reported, citing sources familiar with the The report comes two weeks aftef Dell officials confirmed that they offered a position to a formert mergers and acquisitions directorfor , whichj is suing the executive to prevent him from working for The executive, David Johnson, is being sued by IBM becausr the new position would allegedly violate a noncompet clause. Dell, the No.
2 maker of personak computers inthe world, is positionedc to complete acquisitions this year as it finds itselg flush with cash while tech company valuationw remain depressed during the global recession. In January, Dell acquired the consultinv and solutions portion of in a stock dealworthg $12 million. Last year, Dell made the largestf acquisition inits history, buyinbg New Hampshire-based for $1.4 billion. Yet last month, the companyg reported $10.
7 billion in cash and investments during thefirst

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