Dell plans to acquire a ?significant-sized company? during the next few months, according to CEO Michael Dell. Sources say the firm is hoping to expand its data-storage and tech-services businesses.
Dell recently sold USD1bn in bonds ?for general corporate purposes?. A Dell spokesman said ?Among the possibilities – and certainly no commitment has been made – are acquisitions.?
Steve Felice, president of Small and Medium Business for Dell, says the company has established a healthy financial position and will be looking for strategic opportunities to increase inorganic growth.
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