updated Sun. February 25, 2024
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TechCrunch
April 22, 2018
As for that relationship of being a Dell company, he said that Michael Dell let him know early on after the EMC acquisition that he understood the company's position. “From the time Dell acquired EMC, Michael was clear with me: You run the company. I'm just here to help. Dell is our largest shareholder, butÃâà...
Fortune
April 21, 2018
Business software company Pivotal held an initial public offering on Friday, raising about $555 million in the process. The company is a subsidiary of Dell Technologies along with data center software maker VMware (vmw, +0.27%) and cybersecurity firm SecureWorks (scwx, +0.96%). VMware and PivotalÃâà...
StreetInsider.com
April 20, 2018
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. FORM 3, UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant toÃâà...
CRN
April 20, 2018
Carl Icahn, the activist investor who famously clashed a few years back with Dell Technologies CEO and founder Michael Dell, has taken a stake in VMware, a company that may be central to Dell's strategy to unload a massive debt, CNBC reported Wednesday. Icahn did not have to reveal his investment inÃâà...
CNBC
April 17, 2018
Icahn publicly and unsuccessfully challenged Michael Dell in his 2013 effort to take Dell private. Icahn accumulated an 8.9 percent stake in Dell and made a counter-bid for Dell, along with Blackstone Group. Michael Dell and Silver Lake ultimately acquired the company for $24.4 billion, a price tag IcahnÃâà...
Yahoo Finance
April 17, 2018
VMware shareholders are happy, and the stock is up about 7% over the close of Friday, thanks to rumors that Michael Dell is growing cold on the idea of a reverse merger — a move that would have made Dell a publicly-traded company again, after it went private in 2013 after a $24 billion buyout.
Austin Business Journal
April 16, 2018
He is the younger brother of Michael Dell, the richest person in Central Texas who built a fortune starting his own tech company. "Similar to how Amazon has perfected a system by combining robots and humans, Clarity Money combines algorithms with the academic input from members of our advisoryÃâà...
Business Insider
April 16, 2018
VMware shareholders are happy, and the stock is up about 7% over the close of Friday, thanks to rumors that Michael Dell is growing cold on the idea of a reverse merger — a move that would have made Dell a publicly-traded company again, after it went private in 2013 after a $24 billion buyout. Dell is listening to angryÃâà...
Dallas News
April 6, 2018
Austin tech billionaire Michael Dell has completed his purchase of properties in Dallas' popular Knox Street neighborhood. The Dallas Morning News first reported in January that a Dell family investment arm was planning to purchase more than a dozen buildings and land in the retail and business districtÃâà...
Austin Business Journal
March 30, 2018
FOR MICHAEL DELL, THERE'S HIS HOMES & HIS CASTLE. Speaking of Austin billionaires, the Wall Street Journal also recently examined the multiple personal residential properties being amassed by Michael Dell, the founder and CEO of Dell Technologies Inc. and the area's wealthiest person. BesidesÃâà...
Markets Insider
March 25, 2018
As the daughter of a computer industry pioneer, Alexa Dell, the 24-year-old daughter of Michael Dell, didn't assume she would someday work in tech. Looking back, her journey into the app space seems kind of inevitable. Alexa Dell said she grew up "having a front seat to the master class" led by her fatherÃâà...
CNBC
March 24, 2018
Michael Dell is going to have to sell VMware on a deal to merge. Fortunately for him, he may have about $9 billion of found money to play with. And getting the deal done may come down to how much of that he immediately transfers to VMware shareholders. The "found money" would come from Dell'sÃâà...
Inc.com
March 22, 2018
As part of the internship program, we had an opportunity to ask Michael Dell himself questions in person during an event. I sat in the front row, and honestly didn't hear a word he said--because I was too busy trying to come up with a question to ask him. I could have asked him any question in the world.
Times of India
March 19, 2018
NEW DELHI: Michael Dell, the founder and Chief Executive Officer (CEO) of Dell Technologies, on Sunday took to micro-blogging site Twitter to post the first financial statement of his company. The statement, dated July 31, 1984 -- that shows a gross profit of nearly $200,000 -- Dell said, helped convince hisÃâà...
CRN
March 16, 2018
Dell Technologies CEO Michael Dell said that with the rise of the software-defined data center on-premises solutions are more cost effective 85 percent to 90 percent of the time compared to the public cloud. "What we have seen when you automate and modernize the infrastructure, software-defineÃâà...
The Real Deal Magazine
March 14, 2018
A partnership between Michael Dell's investment firm and TF Cornerstone will likely make a profit of almost $90 million selling air rights to JPMorgan Chase for its new headquarters. In July 2016, Dell's MSD Capital and TF Cornerstone bought a 90 percent stake in 1.35 million square feet of air rights tied toÃâà...
Austin Business Journal
March 11, 2018
When considering the ills that plague U.S. health care, perhaps the most pertinent lesson Michael Dell cited from a 2017 study commissioned by the philanthropic foundation he runs with his wife Susan is, “you have to be willing to take the risk the challenge deserves.” The founder, chairman and CEO ofÃâà...
512tech.com
March 11, 2018
Michael Dell says some of the same technology being created at his giant Round Rock-based company can power the future of the health care industry. Dell, the billionaire founder and CEO of Dell Technologies, spoke Saturday at a South by Southwest session with Clay Johnston, dean of the University ofÃâà...
Austin Business Journal
March 9, 2018
When Health Care Goes High-Tech, March 10, 11 a.m. – noon, Austin Convention Center, Ballroom D. Michael Dell, founder of Round Rock-based Dell Technologies Inc., will discuss “the health projects he is supporting through the Michael & Susan Dell Foundation.” In Dell's conversation with Dr. ClayÃâà...
Austin Business Journal
March 8, 2018
As usual, Dell Technologies Inc. founder and CEO Michael Dell topped the list — his net worth is now $22.7 billion, up from $20.4 billion at this time last year. Click on the slideshow with this gallery to see where seven other Austinites placed and how their net worth stacks up on the list. The complete list ofÃâà...
CNBC
February 26, 2018
Michael Dell's $21 billion net worth lands him among the 50 richest people in the world according to Bloomberg, in line with Elon Musk. That wealth has afforded Dell, 53, the luxury of calling several properties home, like a record-setting $100.47 million Manhattan penthouse, a $40 million home at the FourÃâà...
The Real Deal Magazine
February 25, 2018
If you're a broker peddling your city's most exclusive property, it might make sense to have Michael Dell on speed dial. The computer mogul's love of ultra-luxury homes runs deeper than his just-revealed purchase of the $100.5 million pad at Extell Development's One57 penthouse, which holds the recordÃâà...
Money Magazine
February 23, 2018
Dell Technologies founder and chief executive Michael Dell paid more than $100 million for a Manhattan penthouse, the most expensive home ever sold in New York City, according to The Wall Street Journal. The deal for the nearly 11,000-square-foot apartment in One57, a 1,000-foot tower just south ofÃâà...
The Real Deal Magazine
February 23, 2018
The buyer, Dell Technologies founder Michael Dell, inked a contract for the Billionaires' Row condominium back in 2012 and the sale closed two years later. Dell's identity — and Candler's role — was revealed on Thursday by the Wall Street Journal. Although she's flown under the radar these past fewÃâà...
CNBC
February 22, 2018
The Dell Technologies founder and CEO purchased the One57 skyscraper penthouse for $100.47 million in 2014, according to The Wall Street Journal. The six-bedroom, 10,923-square-foot apartment sits on Manhattan's Billionaires Row. No other home has surpassed the $100 million threshold.
CRN
February 15, 2018
Dell Technologies CEO Michael Dell took to LinkedIn on Wednesday to give his thoughts about carefully sculpting the company's culture and values after being listed among the World's Most Ethical Companies by the Ethisphere Institute this week. In his blog title, 'When Your Name Is On The Building,' DellÃâà...
A Plus
December 31, 1999
In 1984, when he was only 19, Michael Dell started PC's Limited with $1,000 and an innovative idea. Though it originally started in his dorm room, the company would be rechristened Dell Computer Corporation and grow from its humble beginnings into a Fortune 500 company by 1992. However, if hisÃâà...
The Real Deal Magazine
December 31, 1999
Michael Dell may have bought his $100.5 million penthouse at One57 years ago, but a strategy that included multiple nondisclosure agreements and pass-through entities allowed him to keep his identity a secret until last week. Dell — who was represented by the Corcoran Group's Leighton Candler in theÃâà...
Texas Monthly
December 31, 1999
But late last week, we learned that the buyer was a Texan: Michael Dell, the second richest person in Texas (with a net worth of $25.2 billion), who made the acquisition of the entire 89th and 90th floors at a price of $9,000 a square foot. As we take a moment to gawk at the purchase, let us first consider whatÃâà...
CNBC
December 31, 1999
Michael Dell is considering a deal now in part because his server business is growing and the PC business is stable, one of the people said. Dell acquired EMC for $67 billion in the largest pure technology deal ever in 2015 and has subsequently reduced total consolidated debt by about $10 billion.
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