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Dell privatization approved by shareholders, company will focus on enterprise going forward

Dell Venue Pro

Michael Dell has been wanting to take the company he founded in 1984 private for a long time. The computer technology company which went public in 1988, is now going to be a private company going forward. Dell shareholders approved a 24.4 billion buyout deal that allowed the company to be bought by Michael Dell and private equity firm Silver Lake Partners. The deal was helped along with a $2 billion loan from Microsoft. Is anything changing for Dell?

Why did Michael Dell want to take his company private? Dell has struggled for a number of years in the eyes of Wall Street. Stock for Dell hit an all-time high at the top of the dotcom bubble in 2000 when it sold for $65 per share. The next high after the dotcom era came in 2005 when it traded at $40. After that it never satisfied Wall Street.

The move to go private allows Michael Dell and Dell to make changes to the future of the company without decisions scrutinized by investors. Changes like focus more on the enterprise market vs. the consumer market. Read more about the deal from our earlier analysis.

What happens, we just really want to get our hands on the recently announced Dell Venue. Maybe a Venue Pro 2? One can dream.

Source: Business Wire Via: The Verge

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Dell privatization approved by shareholders, company will focus on enterprise going forward

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Had that phone. Great looking phone. Horrible keyboard that I used like 3 times. Then one day in the middle of a game the phone froze flashed "GOODBYE" and shut itself down never to be booted back up again. Then I got a Nokia 1020. Never been happier.

My DVP ruined so many once-in-a-lifetime shots with that miserable camera that I would never consider a Dell phone ever again.  No compass, freezing for 6 months until they fixed it with firmware, no thanks.  Loved the keybaord (and WP), but that was about it.  
 
I've been buying and working with Dell PCs since the 486 days, and will swear by their business PCs and servers, but Dell has never had the first clue what to do with the mobile market.

Agreed (great 1st gen phone), but sadly I still have a DVP. :(
 
I was going to upgrade to a Nokia L925 and didn't mind paying 49.99 down payment. But then they add 33 bux tax + $6 to $24 dollar shiipping and 20 extra dollars per month (excepted). So 100+ just to start is to much for my blood. I'm seeing if I can sell my DVP on craiglist for 100 buxs so I can buy a Nokia L925 but i dunno if i'll get any takers.

This is good, maybe there will be new phones. I thought I read that dell would steer away from the mobile industry... A VP2 would be sweet. I wanted the VP when it came out but got the Arrive since it was he only thing Sprint had. I like the onscreen on WP though but a phys kb is always a + for me since I use the phone to edit docs and whatnot...

If MS isn't going to make the surface phone, I would love for them to negotiate with Dell to make an Alienware WP8 with the glowing Alienware logo and a simple cursive Microsoft signature on the rear

If your name is on the building, don't go public. Obviously his dreams and long term goals were different than the majority of the investors. Good for him.

Dell and Microsoft going to release some great Enterprise combos. As long as I can buy some Alienware next year, the better.

I don't see why the enterprise couldn't benefit from a serious business Windows Phone? I definitely understand that Nokia is seriously making some strides there, hp should take note! =/

Here's a question... if everyone's moving to the corporate sector, who the hell is left to man the consumer markets? ^_^

I miss the DVP. It replaced my HD7 and has remained my favorite Windows Phone to date. Perfect screen size, great battery and a portrait qwerty keyboard.. What's not to love?

I am still using my DVP. Love the hardware, hate the company. Worst customer support I ever seen. I will not get any mobile device from Dell anymore.

I've used many different Windows Phones, I keep coming back to the DVP. Typing this on one right now. People ask me all the time what kind of phone it is. I wish someone would make a WP 8 portrait slider...

"The deal was helped along with a $2 billion loan from Microsoft. Is anything changing for Dell?"
 
Dell business phones with Windows Phone incoming. :)