The world’s largest privately held technology company is weighing up its options in a bid to increase growth. According to Reuters, Dell is strongly considering an IPO to boost its coffers. Failing that, the company is said to be considering a number of acquisitions in order to bolster its market presence.
The company’s board are reportedly set to meet later this month for what is being dubbed ‘the biggest shakeup in the company’s history’. The need to boost its profitability comes on the back of its deal for EMC failed to deliver the cost savings that were predicted.
In terms of an IPO, Dell is most likely to consider a sale in one of its fastest-growing divisions. Reports circulating suggest that its Pivotal Software arm is the most likely candidate for a public offering, but time will tell. It may also consider a transaction with its majority-owned VMware, a virtualization software maker.
An IPO would see Michael Dell return to the stock market, just four years after he paid $25 billion to take his PC company private. The deal caused great controversy with public and private investors claiming that Dell had massively underpaid. It led to a series of legal suits with a judge finally ruling that Dell had underpaid by some 28 per cent. That decision was then overturned last month, an Dell now looks set to return to the marketplace.