Dell going private a year ago has allowed the vendor to focus on where investments need to be made, rather than being beholden to shareholders says Australia and New Zealand managing director Angela Fox.
In a filing to the U.S. Securities and Exchange Commission on Friday, Dell highlighted the dismal financial straits that led to its plan to take the company private, a move that now has some major shareholders in an uproar.
The CEOs of IBM and Dell have called on U.S. government leaders to put aside their differences and create a long-term agenda to promote innovation and improve the country's competitive stature in the world.
The U.S. government can save more than $US1 trillion over the next 10 years by consolidating its IT infrastructure, reducing its energy use and moving to more Web-based citizen services, a group of tech CEOs said in a report released Wednesday.
Two labor unions have asked Dell shareholders to withhold their votes for Chairman and CEO Michael Dell to remain as a director on the company's board following a US$100 million accounting practices settlement the company made with the U.S. Securities and Exchange Commission.