Dell Inc, the world's number three personal computer maker, will use its "strong cash flows" to make acquisitions to boost growth, Chief Executive Michael Dell said on Monday.Dell could acquire small and medium size companies that would give it access to new technologies, he said at a business event in southern Indian city of Bangalore.Dell, which has long-depended on government, corporate and consumer technology spending worldwide, has been diversifying from hardware into higher-margin services, but at a slower pace than some rivals."You will see us be a serial acquirer using our strong cash flows to enhance our growth and add to our development capability," Dell said.
Dell Inc. (Dell) is a technology company that offers a range of technology product categories, including mobility products, desktop personal computers (PCs), software and peripherals, servers and networking products, storage and services. Shares of DELL traded higher by 1.63% or $0.25/share to $15.59. In the past year, the shares have traded as low as $12.99 and as high as $17.60. On average, 20266700 shares of DELL exchange hands on a given day and today's volume is recorded at 15636549.
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