Dell's founder and CEO, who took the company private last year after his turnaround stalled, says he started out with "$1,000 and a team of one."
The computer giant today confirms that CEO Michael Dell and investment firm Silver Lake are paying $13.65 per share, while Microsoft is contributing a $2 billion loan.
The open-source software for housing Web sites is widely used by big names including Facebook and Hulu. Now it's a startup selling services, too.
Attorney General Andrew Cuomo's federal antitrust case filed Wednesday alleges a longstanding symbiotic relationship between Intel and Dell.
Aiming to quell a post-merger internal dispute over how it manages its IT needs, Hewlett-Packard is restructuring a part of its services business.
Ubicom announced Tuesday that it has completed a $16.9 million fourth round of funding that included financing from past investors such as Cisco Systems and Dell Ventures, the venture capital arm of Dell Computer. Other previous investors that contributed include JatoTech Ventures, Walden International, Vertex Venture Holdings, MSD Capital and Mayfield. Mountain View, Calif.-based Ubicom has raised $77 million to date. The new funding will be used for product development and sales expansion and is expected to carry Ubicom until the end of 2002, when the company expects to reach profitability. Ubicom makes chips for wireless and wireline networking equipment as well as routers, modems and PC peripherals that can run on a variety of networking standards including Bluetooth, Ethernet, HomePlug and 802.11b.
Bandspeed said Tuesday it raised a $15 million second round of funding. JatoTech Ventures and MSD Capital led the round, which included investments from Cisco Systems. Austin, Texas-based Bandspeed designs chip sets for the broadband industry. The company declined to comment on the total amount of funding it's raised to date. See complete list.
The industry giants' funding is an endorsement of the company's plans to enable a wide range of consumer and business devices to communicate over the Internet.
Garage.com, which places early-stage investments in start-ups, has received $27 million in financing from a group of institutional and private investors. Sequoia Capital and Goldman Sachs are among the institutional investors. Private backers include MSD Capital--the investment arm of Michael Dell--and Charles Schwab and David Pottruck, co-CEOs of Charles Schwab.