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Monday, October 10, 2016

'I just do what I think is right... it’s been working so far': Michael Dell on the biggest deal in tech history

@MichaelDell has always been a man of big ideas. 32 years ago he founded a scrappy business in his dorm room at the University of Texas selling personal computers to students. After quickly dropping out of college he built his company into the world’s biggest PC seller, eventually overtaking the #Compaq and forcing the computer giant into merging with #HewlettPackard. In 2013, amid a soul-searching decline in the PC market, he engineered a $25bn (£20bn) buyout of the company, taking it private in an attempt to steady the ship. And a month ago, he completed the biggest takeover in technology history, a $58.1bn merger with IT giant #EMC that took almost a year to go through. #DellTechnologies – to give the company its new name now that it has joined with EMC – is now the world’s biggest private technology company, and with a net worth of $20bn, Mr Dell, 51, is listed by Forbes as the world’s 35th-richest person on the planet. “I just do what I think is right and it’s been working for me so far,” he grins.

http://www.telegraph.co.uk/technology/2016/10/09/i-just-do-what-i-think-is-right-its-been-working-so-far-michael/

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