TPG Capital and Silver Lake are currently the front runners for the comapny.
Dell Stock shot up 13% today as news broke that the company was in talks to take the firm private.
Dell in Buyout Talks with Private Equity Firm.
Taking the company private could help Dell, the third- largest PC maker, accelerate efforts to revive growth and cope with competition without quarter-by-quarter scrutiny from public shareholders. Chief Executive Officer Michael Dell, 47, has been using acquisitions to sell more products to businesses as consumers shun PCs in favor of tablets and smartphones, including devices that run Apple Inc. and Google Inc. software.
“The stock has not done much, and he’s under pressure to boost numbers,” said Abhey Lamba, an analyst at Mizuho Securities USA Inc. “He wants to de-emphasize about two-thirds of his business, and that’s a hard strategy to push because it would mean overall revenue will shrink.”
Dell in Buyout Talks with Private Equity Firm.