Dell Inc. Comments On Q4 2010 Revenue Outlook
November 19, 2009 |
| Dell Inc. announced that for the fourth quarter of 2010, it expects revenue to improve over the third quarter. The Company reported revenue of $12.896 billion in the third quarter of 2010. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $13.584 billion for the fourth quarter of 2010. |
Dell Inc. Enhances Its Digital Forensics Solution With Guidance Software`s EnCase Solution
November 17, 2009 |
| Dell Inc. announced that Guidance Software`s computer forensics solution EnCase Forensic has been certified to work on Dell's Digital Forensics solution. The two companies will also work together to bring the Digital Forensics solution to their key customers globally. |
Dell Inc. Confirms Smart Phone Plans; Announces China Mobile And Claro As First Supporting Operators
November 13, 2009 |
| Dell Inc. announced partnerships with two mobile operators and confirmed its plans to enter the smart phone business. Dell plans to distribute its new Mini 3 smart phones through China Mobile, a telecommunications company, and Claro, which serves more than 42 million people in Brazil as part of the America Movil network. The initial Mini 3 smart phones are designed around the Android platform to deliver power, flexibility and customization opportunities for both users and carriers. |
Dell Inc. Completes Tender Offer For Perot Systems Corporation; Announces New Business Unit
November 3, 2009 |
| Dell Inc. announced the completion of its tender offer for Perot Systems Corporation, an offer which has expired. Dell has accepted the shares validly tendered and has notified Perot Systems Corporation of its exercise of its top-up option to acquire Perot Systems shares. As a result of the tenders and the top-up option exercise, Dell will own more than 90% of outstanding Perot Systems Corporation shares and expects to promptly complete the acquisition of Perot Systems Corporation, significantly expanding Dell`s portfolio of technology services and business solutions. The 108,774,629 tendered shares represent about 87.7% of outstanding Perot Systems Corporation's shares. An additional 3,961,266 shares were tendered by notice of guaranteed delivery. Dell Services, a new business unit formed by the acquisition, will develop and deliver a suite of end-to-end IT services and business solutions that reduce IT complexity and lower costs for customers. The integration of Perot Systems extends Dell Services into hosting, consulting, applications and business-process outsourcing, and expands Dell`s existing managed and modular services. The combination leverages Perot Systems` capabilities across Dell`s much larger customer base, spanning global corporations, government agencies, health and educational institutions, and small and medium enterprises. |
Network Engines, Inc. Releases New DC-Powered Servers Based On Dell Inc.'s PowerEdge Technology
November 3, 2009 |
| Network Engines, Inc. announced it is working with Dell to manufacture and co-market a new line of DC-powered servers based on Dell's PowerEdge R710 platform. NEI worked with Dell OEM Solutions to specify, engineer and test the new DC-powered server. The two companies will co-market the new model E-2710 to enterprise and telecom application developers and OEMs worldwide. NEI will be Dell's exclusive manufacturer of the E-2710 and the provider of support and deployment services as well as reverse logistics for this platform. Other terms and conditions of the agreement were not disclosed. |
Dell Inc. Delivers 12.1-Inch Rugged Convertible Tablet PC, with Multi-Touch Technology
October 27, 2009 |
| Dell Inc. announced that it has unveiled 12.1-inch rugged convertible tablet PC with a multi-touch display, the Latitude XT2 XFR. The system is designed to meet the needs of customers in the military, police, border patrol, field service organizations, factory fulfillment and first responders. |
Dell Inc. And Juniper Networks To Collaborate On Networking
October 27, 2009 |
| Dell Inc. and Juniper Networks, Inc. announced an agreement to offer networking solutions under Dell's PowerConnect brand that enable customers to deploy a common network management platform and network operating system to help reduce operating expenses. In addition, the companies plan to work together on open, standards-based solutions for virtualized data centers and deliver technology solutions using Converged Enhanced Ethernet (CEE), also known as Data Center Bridging (DCB) and iSCSI to improve network economics. Dell also plans to market, service and support Juniper's high-performance networking solutions to its large enterprise, small and medium business customers and public organizations. The products Dell will deliver under its PowerConnect brand include the Juniper Networks MX Series services routers, EX Series Ethernet switches and SRX Series services gateways, all running JUNOS Software. Dell expects to make these products available to customers via its direct and PartnerDirect channels. |
Dell Inc. Eyes More Deals As Part Of Turnaround Plan-Reuters
October 13, 2009 |
| Reuters reported that Dell Inc. is eyeing more acquisitions as part of a turnaround plan and is developing merger expertise. The Company is also planning to consider more deals in the healthcare industry. Dell is pushing aggressively into the services business. |
Dell Inc. To Close Winston-Salem, N.C. Plant; Cuts 905 Jobs
October 7, 2009 |
| Dell Inc. announced that it will close its Winston-Salem, N.C., desktop computer manufacturing plant early next year as part of an ongoing initiative to enhance the long term value it delivers to customers by simplifying operations and improving efficiency. The News: Approximately 905 employees will be affected by the closure, with about 600 to be released next month. The closure is expected to be completed in January 2010. - Affected employees will receive competitive severance packages, including severance pay, incentive payments, benefits continuation and outplacement services. - Dell will continue to fully comply with the terms of incentive agreements with the citizens of North Carolina. Dell's Global Manufacturing and Fulfillment Network: - Dell's global manufacturing and fulfillment network consists of company owned plants located in: - Americas: Hortolandia, Brazil; Miami, Fla.; Nashville, Tenn.; and Austin, Texas. - Europe, the Middle East and Africa: Limerick, Ireland; Lodz, Poland. - Asia-Pacific: Xiamen, China; Penang, Malaysia; and Chennai, India. |
Dell Inc. To Launch AT&T Inc. Phone As Soon As Early 2010-DJ
October 7, 2009 |
| Dow Jones reported that Dell Inc. expects to launch a smartphone on AT&T Inc.'s cellular network as soon as early 2010. The phone, like Apple Inc.'s iPhone, has a touch screen instead of a keypad, as well as a tiny camera. |
Dell Inc. Commences Tender Offer For Perot Systems Corporation
October 2, 2009 |
| Dell Inc. announced that it has commenced its tender offer for Perot Systems Corporation. The move represents the next step toward an acquisition first announced Sept. 21. When completed, the expanded Dell is expected to help customers thrive and grow through a broader range of smartly delivered IT services and solutions, and better position the Company for its own immediate and long-term growth and efficiency. Dell anticipates the acquisition will close during the Company`s November-January fiscal quarter. The cash tender, through a wholly owned Dell subsidiary, is for all outstanding shares of Perot Systems Class A common stock at a price of $30 per share, without interest and less any applicable withholding or stock-transfer taxes. |
Dell Inc. To Acquire Perot Systems Corporation For $3.9 Billion
September 21, 2009 |
| Dell Inc. and Perot Systems Corporation announced that they have entered a definitive agreement for Dell to acquire Perot Systems Corporation in a transaction valued at approximately $3.9 billion. Terms of the agreement were approved by the Boards of Directors of both companies. Under the terms of the agreement, Dell will commence a tender offer to acquire all of the outstanding Class A common stock of Perot Systems for $30 per share in cash. The transaction is expected to close in Dell's November to January fiscal quarter. |
Fitch Affirms Dell Inc.'s IDR At 'A'
September 21, 2009 |
| Dell Inc. announced that Fitch Ratings has affirmed Company's Long-term Issuer Default Rating (IDR) at 'A'. |
Dell Inc. To Pay $4 Million To Settle Claim Of Deceptive Advertising For Promotional Financing, Warranties-AP
September 15, 2009 |
| The Associated Press reported that Dell Inc. will pay $4 million in restitution and penalties more than a year after a New York court found the Company engaged in false and deceptive advertising of its promotional credit financing and warranties. New York Attorney General Andrew Cuomo says some consumers paid for things they didn't get, including warranties that cost them an extra $99 to $250. Dell didn't admit to any wrongdoing in a settlement with the state. |
Dell Inc. Announces New Solutions
September 9, 2009 |
| Dell Inc. announced that it has introduced new products and services designed specifically to meet the needs of medium and small businesses by simplifying operations, reducing downtime, enhancing information security and reducing operating cost. The new portfolio includes four 11th Generation Dell PowerEdge servers; Lifecycle Controller 1.2 embedded systems management; the PowerVault NX300 network attached storage (NAS) device; Dell Uninterruptible Power Supplies (UPS) and Dell ProConsult services to help growing businesses achieve greater IT efficiency. |
Brocade Communications Systems, Inc. And Dell Inc. Partner To Deliver Efficient Enterprise
September 2, 2009 |
| Brocade Communications Systems, Inc. and Dell Inc. announced a partnership to offer Dell customers end-to-end computing, networking and storage solutions through the Dell global sales organization. The two companies also intend to collaborate on future development around the management and virtualization of efficient data centers. Specifically, the two companies intend to develop a dynamic infrastructure and optimization solution enabled by virtualization to allow customers to deploy and manage an efficient data center. Increasingly, customers need applications deployed rapidly to meet their performance requirements, with secure and reliable access to their mission critical data and deliver integrated toolsets to manage application delivery and deployment as business services on highly reliable compute, network and storage infrastructure. The Brocade and Dell solution will help provide capital and operational expense savings by deploying server and storage virtualization more broadly across the data center. |
VMware, Inc. And Dell Inc. Broaden Partnership
September 2, 2009 |
| VMware, Inc. and Dell Inc. jointly announced an expansion of their existing partnership where Dell will bundle VMware View as an option on select server and client platforms. With this new bundling option, IT managers can run virtual clients in the datacenter, while offering end users a single view of all their applications and data in a familiar, personalized environment on client devices at virtually any location. To extend the benefits of this agreement, Dell will also offer services to help customers with the initial scoping, design, implementation, ongoing support, and management of these solutions, including monitoring and reporting performance and capacity issues in real-time. |
Dell Inc. Sees Revenue Grow On Annual Basis From FY 2010-Reuters
August 28, 2009 |
| Reuters reported that Dell Inc. said it hopes to see revenue grow on an annual basis from fiscal 2010, driven by increasing demand from China and India. According to Reuters Estimates, analysts were expecting the Company to report revenue of $51.050 billion for fiscal 2010 and revenue of $53.708 billion for fiscal 2011. |
Dell Inc. In Pilot Stage Of Handset Development With China Mobile Limited-DJ
August 28, 2009 |
| Dow Jones reported that Dell Inc. is in the pilot stage of handset development with China Mobile Limited. Steve Felice, Dell's president of small and medium business, said Dell has yet to set a launch date for the first handset or a price range. |
Dell Inc. Comments On H2 2010 Revenue Outlook-Conference Call
August 27, 2009 |
| Dell Inc. announced that it expects overall revenue for the second half of 2010 to be stronger than the first half of 2010. The Company reported revenue of $12.342 billion and $12.764 billion in the first and second quarters of 2010 respectively. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $12.834 billion and $13.156 billion for the third and fourth quarters of 2010 respectively. |
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