Blackstone Group pulls out of race to buy Dell

John Leonard
clock

Investment group withdraws after poor PC shipment figures and due diligence discussions

The Blackstone Group has pulled out of the race to buy Dell. The investment group, together with tech investors Insight Venture Partners and Francisco Partners, had made an original offer of $14...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Intel unveils major AI leap in upcoming CPUs

Chips and Components

Panther Lake processors to debut in 2025

clock 30 January 2024 • 3 min read
Microsoft, Dell and Lenovo laptops vulnerable to Windows Hello authentication flaw

Threats and Risks

Researchers employed reverse engineering techniques on both software and hardware

clock 27 November 2023 • 2 min read
Selling Dell: vendor tops HPE, IBM and others in storage partner mindshare stakes

Storage

Among the major enterprise storage brands, Dell resellers are best at generating traffic via search optimisation, finds research by The Channel Company

clock 21 July 2023 • 4 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read