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Monday, Nov 23, 2009
 
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RIL offers to buy Dutch petrochem firm22-NOV-09
LyondellBasell’s acquisition could add over $50 billion to its revenues.
Dell India sales up 17%21-NOV-09
Even healthy growth in vibrant markets like India and China could not help global personal computer manufacturer Dell’s net profit from slipping 54 per cent to $337 million, from $727 million in the same quarter last year. Revenue also declined by 15 per cent to $12.9 billion, compared with $15.2 billion in the same period last year, it added.
Dell Q3 net dips 54% despite better India, China sales20-NOV-09
Dell Inc, world's third largest personal computer maker, has reported a massive 54 per cent decline in its profit during the third quarter ended October 30, despite seeing an upswing in sales from emerging markers like India and China.
Patni Computer promoters to take call on stake sale by January06-NOV-09
Reviving plans to offload part of their holdings in Patni Computer Systems, promoters are studying offers from various companies, according to market sources. A clear decision on bids from various contenders for the promoter holdings, added the sources, was expected by January. The three Patni brothers, non-executive chairman Narendra Patni and his younger brothers, Gajendra and Ashok, hold equal stakes totalling 48.3 per cent in India’s sixth-largest software exporter.
Dell takes the SME path22-OCT-09
In October last year, personal computer manufacturer Dell’s market share in the small and medium enterprises (SME) segment was just 3.2 per cent. A year later, the figure has improved to 5.2 per cent – a creditable performance considering that PC sales have been south-bound in this period.
Dell to close US plant, axe 900 jobs08-OCT-09
US computer giant Dell announced that it was closing a desktop computer manufacturing plant in the United States next year and laying off some 900 workers.
Matthew Lynn: Merger boom may be the next bubble07-OCT-09
There are quite a few opportunities out there. If you have had an eye on a large, strategic deal for years, this is the moment to strike.
Dell: Dell gets bigger06-OCT-09
Dell’s acquisition of Perot System for $3.9 billion is being seen by most analysts as a strategic call. This will give Dell an enlarged footprint. Both the companies will get a chance to diversify. Of course, it will make Dell a service powerhouse – globally and in the country too.
Wipro eyeing acquisitions, govt projects for growth02-OCT-09
Against the backdrop of a spate of recent acquisitions by international technology companies like Dell and Xerox, Indian IT major Wipro today said it is looking at acquisitions to fuel growth.
State SMEs hike IT spending25-SEP-09
When the likes of Microsoft, IBM, and DELL launch a slew of products targeting the small and medium enterprises (SMEs) in Gujarat, they have a reason to do so.
Rudderless in Texas23-SEP-09
Dell/Perot Systems: Dell is paying through its nose in its search for direction. The US computer maker is acquiring Perot Systems for $3.9 billion, a whopping 68 per cent premium. This is a muffled echo of rival Hewlett-Packard’s purchase of EDS for $13.9 billion last May. Both IT services companies even had the same Texan founder, one-time US presidential contender Ross Perot. The difference is that HP bought a leading firm and the numbers stacked up. Dell is paying too much for a second-string company.
Dell to get bigger footprint in India with Perot buy22-SEP-09
Dell’s acquisition of Perot Systems for $3.9 billion, say analysts, will give the former an enlarged footprint in India, as well as give both the companies a chance to diversify, while making Dell a services’ powerhouse, globally and in the country, too.
Dell agrees to acquire Perot Systems for $3.9 bn22-SEP-09
Dell Inc agreed to buy Perot Systems Corp for $3.9 billion, undertaking its biggest purchase ever to compete with International Business Machines Corp and Hewlett-Packard Co in computer services.
Dell buys Perot Systems for $3.9 bn21-SEP-09
World's second-largest PC maker Dell Inc today entered into an agreement to acquire computer services firm Perot Systems for about $3.9 billion, making it one of the biggest deals in the IT space since global financial turmoil hit the sector.
Dell, MTNL tie up for 3G wireless solutions08-SEP-09
Dell and MTNL have announced a partnership to offer 3G wireless mobility solutions on Dell’s select range of laptops and netbooks. These connected-by MTNL products would be available through Dell’s distribution channels in Mumbai and Delhi.
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