It's Official: Dell is in many private $ 24.4B

It's Official: Dell is currently private $ 24.4 billion, or $ 13.65 per share in cash, an operation that will allow the company to turn around, far from the eyes of shareholders.

Michael Dell, who owns about 14 percent of the shares of Dell, has teamed up with Silver Lake Partners to acquire the company. Microsoft has also launched a loan of $ 2 billion.

After completion of the transaction, Michael Dell will continue to lead the company as CEO. It will also maintain a significant stake in the company contributing to its Dell shares to the new company, as well as making a "substantial" investment of additional cash.

Here is what Michael Dell had to say today in a press release:

    "I believe this transaction will open an exciting new chapter to Dell customers and team members. We can provide immediate value to shareholders while we continue to execute our long-term strategy and focus on providing best-in-class solutions to our customers as a private company. Dell has made progress in implementing this strategy over the past four years, but we are aware that it will take more time, investment and patience, and I think that our efforts will be better supported by a partnership with Silver Lake in our common vision. I am committed to this journey and I put a significant amount of my own capital with Silver Lake, a world class investor with an excellent reputation. We are committed to providing an unparalleled customer experience and excited to continue the way to go. '

Dell's shares have soared since details first appearance on a possible agreement. The transaction price represents a premium of 25 percent over the closing price of the company to $ 10.88 on Jan. 11, the last day before Bloomberg first reported a potential deal.

Dell, which has long been one of the world's largest manufacturers of PCs, has struggled lately. Shares of the company lost about a third of its value over the past year, as it moves away from its focus on traditional PC market to provide products companies in areas such as networking and storage. He has made numerous acquisitions in recent years and said he will continue to do so. However, there are concerns about the speed at which companies make their growth.

At the same time, Dell announced that it remains committed to the PC market. However, his rival Dell and Hewlett-Packard have struggled to compete with up-and-coming Asian rivals like Lenovo and Asus. Lenovo surpassed Dell in late 2011 to become the second largest supplier of PC

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