Going private doesn’t really help you … especially when you’re trying to raise funds to buy EMC at $67 billion. I suppose if you were in the stock exchange, maybe issuing extra shares could have help raise those funds more quickly. I guess you’ll have to sell some of your assets then…
“Japan’s NTT Data is buying Dell’s technology services business for more than $3bn (£2.1bn) as it seeks to expand its business in North America. This is set to be the biggest-ever acquisition by NTT Data, which is part of Japan’s former telephone monopoly.
Dell has reportedly been looking to sell off non-core assets to raise billions of dollars ahead of its $67bn takeover of data storage firm EMC Corp.
NTT Data will take on Dell’s 28,000 employees in North America and India.
In a filing to the Tokyo Stock Exchange, NTT Data said the purchase will enhance its cloud and business-process outsourcing (BPO) services.”
Source: BBC
