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Dell takes stake in DigitalWork

The computer maker is throwing its weight behind DigitalWork.com, a firm that provides business services to the small and home office, or SOHO, market.

Dell Computer is throwing its weight behind DigitalWork.com, a firm that provides business services to the small and home office, or SOHO, market.

The exact amount of the investment was not disclosed, said a DigitalWork spokesperson.

Dell could not be reached for comment.

Chicago-based DigitalWorks.com provides business services for small businesses and SOHO workers to use by teaming with more than 50 leading companies such as AT&T, BellSouth, Citibank, IBM, iVillage, Lycos and MBE to revolutionize the way small businesses work.

The company provides consultants, a business methodology and customer service and support, assisting small businesses with common business tasks in public relations, marketing, human resources, finance and information technology.

This past December, DigitalWork.com completed a $32 million round of strategic equity financing, bringing total equity capital raised to $47.1 million. Attractor Investment Management, a Burlingame, Calif.-based firm specializing in late-stage mezzanine financing, led the round.

In December, Dell agreed to acquire about 4 percent of Oslo, Norway-based Fast Search & Transfer (FST), an Internet search technology maker. Dell took 2.1 percent of FST initially, with the option of taking an additional 2.1 percent investment in the future.