- ISTOOK: Obama wants to be impeached
- Obama to Central American leaders: I need help with border
- Military bans troops from Baptist church event honoring ‘God’s Rescue Squad’
- ‘Pocket drones’: U.S. Army developing tiny surveillance tools for the next big war
- Belgian cafe posts sign: Dogs allowed, but Jews stay out
- Gen. Dempsey: Pentagon studying Russian readiness plans not viewed ‘for 20 years’
- John McCain: Botched, two-hour execution of murderer is ‘torture’
- House GOP ready to move border bill
- Bomb squad called after live WWII artillery washes on Cape Cod beach
- HAYDEN: Intelligence, evidence and the case against Russia
Reports: Microsoft may invest in Dell buyout
Question of the Day
Both CNBC and The Wall Street Journal reported that Microsoft Corp. may invest some of the money needed to take Dell Inc. private after 25 years as a publicly traded company. Tuesday’s stories cited unidentified people familiar with the negotiations.
If Microsoft joins in a Dell buyout, CNBC and the Journal say the software maker would contribute $1 billion to $3 billion. That amount would make Microsoft Corp. a minority investor in a complex deal expected to cost $23 billion to $27 billion if it’s completed.
Microsoft declined to comment on the reports.
Word that Dell Inc. is interested in selling to a group led by buyout firm Silver Lake Partners first surfaced last week. Dell’s stock price has climbed about 20 percent since then. The stock rose 33 cents, or 2.6 percent, to $13.17 in Tuesday’s early afternoon.
Dell, which is based in Round Rock, Texas, hasn’t said whether it’s interested in selling. Going private, though, would enable the company to overhaul its operations without having to meet Wall Street’s demands for higher quarterly earnings.
Dell, the second largest U.S. computer maker behind Hewlett-Packard Co., is one of Microsoft’s biggest partners. Among other things, Microsoft licenses its Windows operating system to Dell’s personal computer makers.
Like many other PC makers, Dell’s revenue has been sliding as the popularity of smartphones and tablet computers divert consumer and business spending from laptop and desktop machines.
By becoming a part-owner in Dell, Microsoft would risk being viewed by HP and other PC makers as more of a rival than a partner. Microsoft already has rankled some of its PC makers by releasing a tablet computer called Surface that competes against their products.
So far, though, there has been little evidence indicating that the Surface is reshaping the market for computing devices.
TWT Video Picks
Second- and third-stringers eye 2016 if front-runner stumbles
- 'We're coming for you, Barack Obama': Top U.S. official discloses threat from ISIL terrorists
- 'Pocket drones': U.S. Army developing tiny spies for the next big war
- NAPOLITANO: What if our democracy is a fraud?
- Russia shipping sophisticated weapons systems to Ukraine separatists
- Michelle Obama says money in politics is bad, asks donors for 'big, fat check'
- Ohio university quiz implies atheists are naturally smarter than Christians
- Hamas rejects Kerry's call for cease-fire; Fears grow others could join fight against Israel
- Obama orders Pentagon advisers to Ukraine
- EDITORIAL: Detroit's water 'spigot bigots'
- White House readies for House GOP impeachment push: 'Foolish' to ignore
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq