Dell enters into agreement to be acquired by Michael Dell and Silver Lake
As you have probably seen in this week's news media, a definitive agreement has been reached under which Michael Dell, Dell's founder, chairman and CEO, in partnership with global technology investment firm Silver Lake, will acquire Dell™.
Under a new, private company structure, we will have the time and flexibility to fully pursue and realize our end-to-end solutions strategy.
As Dell enters this exciting new chapter, our commitment to channel partners does not waver. As a private enterprise, we will continue to execute our strategy of delivering best-in-class solutions and growing our channel relationships.
The transaction is expected to close before the end of the second quarter of Dell's FY14, subject to approval by a majority of the outstanding Dell shares, excluding shares owned by Mr. Dell or other members of Dell's management or Board of Directors, as well as the satisfaction of customary closing conditions.
Additional information about the terms of the deal can be found online in the official announcement.
Sincerely,
Michael Collins
Vice President & General Manager Dell | EMEA Emerging Markets
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