Twenty-nine years after its founding, iconic computer maker Dell Inc agreed to a $24.4 billion deal to go private on Tuesday. The $13.65-per-share deal for the world's third-largest computer maker involves chairman Michael Dell, private equity firm Silver Lake and Microsoft Corp . Here is a look at Dell's 28-year journey:1984 - Michael Dell, a 19-year-old, pre-med college freshman starts selling computers built from stock components out of his dorm room at the University of Texas in Austin. He later drops out to focus on the business he names "PC's Limited."1985 - PC's Limited creates a 10-megabyte personal computer, the Turbo PC, with a pricetag of $795, undercutting IBM's costlier machines. The business expands to set up its first international subsidiary two years later in Britain.
Dell Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Shares of DELL traded higher by 0.75% or $0.1/share to $13.37. In the past year, the shares have traded as low as $8.69 and as high as $18.36. On average, 31671900 shares of DELL exchange hands on a given day and today's volume is recorded at 5059656.
Source
