English: Michael Dell speaking at Oracle OpenWorld, San Francisco 2010 (Photo credit: Wikipedia)

Dell Buyout Has Challenges

Michael Dell has clinched a Dell buyout deal and must turn a business losing ground in personal computers into one that will provide higher-margin cloud-computing services and tools. Dell needs to bundle highly profitable products like data storage and networking with the computer servers it currently has on the market.

Dell,47,will have greater freedom in personnel management and strategic growth without answering to shareholders. Michael Dell and the Silver Lake Management are taking the Round Rock, Texas-based company private in a buyout transaction valued at $24.4 billion with Dell regaining majority control of the company and remaining the chairman and CEO.