BWW Geeks World

It's War! HP Issues Statement on Dell's Buyout Plan

Related: Dell, HP, News

Are the PC wars back on? HP just issued the following statement related to Dell's announcement to enter into an agreement to be acquired by Michael Dell and Silver Lake:

"Dell has a very tough road ahead. The company faces an extended period of uncertainty and transition that will not be good for its customers. And with a significant debt load, Dell's ability to invest in new products and services will be extremely limited. Leveraged buyouts tend to leave existing customers and innovation at the curb. We believe Dell's customers will now be eager to explore alternatives, and HP plans to take full advantage of that opportunity."

Dell Inc. today announced it has signed a definitive merger agreement under which Michael Dell, Dell's Founder, Chairman and Chief Executive Officer, in partnership with global technology investment firm Silver Lake, will acquire Dell. For all the details, click here.

Related Links
Paddy Power Bets on AppDynamics to Ensure Outstanding Mobile and Web App Performance Worldwide Paddy Power Bets on AppDynamics to Ensure Outstanding Mobile and Web App Performance Worldwide
September 17, 2014
African Operator Improves SIM Logistics and Enhances the Customer Experience With Major Upgrade to Evolving Systems' Dynamic SIM Allocation Solution African Operator Improves SIM Logistics and Enhances the Customer Experience With Major Upgrade to Evolving Systems' Dynamic SIM Allocation Solution
September 17, 2014
Cisco Brings Internet of Everything (IoE) Innovation Center to Berlin Cisco Brings Internet of Everything (IoE) Innovation Center to Berlin
September 17, 2014
Online Trust Alliance Finds Majority of Retailers Are Enabling Consumers to Easily Opt Out of Email, 10 Percent Violating CAN-SPAM Online Trust Alliance Finds Majority of Retailers Are Enabling Consumers to Easily Opt Out of Email, 10 Percent Violating CAN-SPAM
September 17, 2014
CDK Global to Begin Financing Program With GE Capital CDK Global to Begin Financing Program With GE Capital
September 17, 2014


About Author

Subscribe to Author Alerts

Become a Fan, Follower & Subscriber