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Micros*ft

ProfilePosted byOptionsPost Date

LadyScozz

LadyScozz Report 5 Feb 2013 23:34

have bought Dell

for $US23.5billion

Bill's pocket money?

:-D

RolloTheRed

RolloTheRed Report 6 Feb 2013 08:24

?

Michael Dell, founder of Dell, has bought back the shares in Dell Inc manufacturer of cheap unreliable business computers. Why? Hubris.

LibertyGlobal, an international cableTV company, running such things as Cello in Belgium, has paid $ 23.5bn for Virgin Media. Why? So as to inflict even cheaper even more unreliable set top boxes on long suffering Virgin customers. LG will also be able to provide an alternative to popular Scandinavian crime series with programming from, for instance, Bulgaria. Why? John Malone, head of LG , hates the Murdochs. At least we may now see some real price competition in the UK. LG is moving its domicile to the UK which means it will pay UK corporation tax.

AFAIK Microsoft have not been involved in either of these deals.

RolloTheRed

RolloTheRed Report 6 Feb 2013 08:29

Update: Michael Dell has paid $ 24 bn to take his company private. Microsoft lent him $ 2 bn of this amount but has no shares or voting interest in the new private company.
Without DELL the Microsoft desktop could be adrift without an ocean.

I wonder what else is on the market for $ 24 bn?
Go, LionTree, go.

LadyScozz

LadyScozz Report 6 Feb 2013 10:12

Microsoft is just getting into producing hardware, until now they've stuck to software.

I think they're trying to out-do Apple.

It's all getting nasty.