Blackstone Group has given up its bid for Dell, less than a month after the private-equity fund manager said it was planning to top an offer from founder Michael Dell and private-equity firm Silver Lake Partners, according to news reports.
As part of the review process of potential offers to take Dell private, the company announced that its board of directors approved an agreement with Carl Icahn that would cap the amount of shares owned by the activist investor.
Dell remains committed to Microsoft's Windows RT, despite the poor market reception to the OS and a decline in prices of related tablets.
The low-power capabilities of ARM-based processors have created high expectations for their use in servers, but one of Dell's top engineers said they are unlikely to take off until 64-bit versions hit the market.
Dell's diminutive Alienware X51 gaming desktop recently started shipping with Ubuntu Linux. Could it be the first PC anointed with Steam Box status?
Dell will release Windows tablets later this year that could potentially include devices with screen sizes larger than 10 inches.
With Michael Dell still battling to get his US$24.4 billion buyout deal approved by shareholders, his company needs to avoid a long, drawn-out battle that could erode customer confidence.
Dell's proposal to take the company private cites stumbling Windows 8 and slow Windows 7 upgrades among the reasons for slow sales and tough times.
Not fazed by a takeover battle looming on the sidelines, members of Dell's research division are putting together the pieces for prototype ARM supercomputers that could be deployed in the future.
A long battle looms as bids are evaluated to take over Dell, but analysts are warning customers of operational instability if an alternative proposal to acquire the company is accepted.