Founder and chief executive Michael Dell said a day after Dell
Inc. (DELL) shareholders approved his $25 billion buyout bid that
taking the company private will help give it "long-term focus."
In an interview on CNBC, he said: "It's really about changing
our focus from a quarterly focus to more of a longer term,
five-year, 10-year focus, doubling down on the investments that are
really needed for this company to be able to serve its
customers."
He said Dell's "next billion customers" would come from
extending its reach into emerging markets, and that the company
would continue to make acquisitions and expand its sales force.
Emphasizing the company's main business was its enterprise
business, Mr. Dell said the company was focused on "powering those
clouds that are being fueled by this enormous explosion of mobile
devices."
Dell will participate in tablets and other client devices, he
said, but "won't be getting into the mobile phone business."
Full story at www.cnbc.com
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