How Dell found it's way and transformed with the changing times
Mention the name Dell and a lot of people will automatically think personal computer. But since it's founding in a University of Texas dorm room 35 years ago, Dell Technologies has expanded far beyond the PC market.now has a stake in storage, servers, data protection and networking along with its hardware products like monitors, printers and, of course, PCs.
Dell originally went public in 1988 under the name "Dell Computer Corp." at $8.50 a share and a market capitalization of $85 million. The company had early success. At just 27 years old,was named the youngest CEO on the Fortune 500 list in 1992. By 2001, Dell had overtaken Compaq as the world's largest PC maker.Gregory Smith | Corbis Historical | Getty Images
But by 2013, Dell was facing a tough road. Demand for PCs was stalling thanks to the rise in popularity of tablets and smartphones. That same year, Michael Dell announced he was taking the company private. "I think Dell went private in 2013 in part because they were struggling. And they were struggling to be more than a PC company," said Steven Milunovich, managing director at Wolfe Research. "They recognized that scale was going to be increasingly important. And Dell was doing very well in personal computers, but the market was declining. The server market was very competitive and they were doing relatively well there against HP and Lenovo.
In 2015, Dell announced it would buy data storage company EMC, a deal that still stands as the largest technology acquisition of all time. In 2018, DellWatch the video above to see how Dell changed with the times to keep up with emerging consumer and business demands.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Huawei executive reportedly accused of stealing trade secrets from microchip company backed by Microsoft and DellCNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.
Weiterlesen »
Toshiba Memory to Buy Out Shares From Apple, DellApple, Dell and two other U.S. technology companies are set to give up their preferred shares in the Japanese chip maker for more than $4 billion under a refinancing plan.
Weiterlesen »
'Don't': Dell Curry says he told Warriors not to draft son StephImagine where the Golden State Warriors would be if they never drafted Stephen Curry with the seventh overall pick in 2009.
Weiterlesen »
Lenovo fourth-quarter profit surges more than three-fold on strong PC salesChina's Lenovo Group reported a more than three-fold increase in its quarte...
Weiterlesen »
Huawei Executive Accused by U.S. Startup of Involvement in Trade-Secrets TheftCNEX Labs, a chip startup backed by Microsoft Corp. and Dell Technologies, has accused a senior executive at Huawei Technologies of participating in a conspiracy to steal its trade secrets, according to a court filing.
Weiterlesen »