Wednesday, December 08, 2004

Michael Dell: IBM deal a dud | CNET

Michael Dell: IBM deal a dud | CNET "'We're not big fans of the idea of taking companies and smashing them together,' Dell said. 'When was the last time you saw a successful acquisition or merger in the computer industry? It hasn't happened in a long, long time...I don't see this one as being all that different.'
Dell also said his company is not interested in buying IBM's PC unit. Dell has only made a few acquisitions in its 20-year history. They have all been relatively small. The company's largest and first acquisition, ConvergeNet, helped get Dell into the storage market, but it didn't work out, and Dell dissolved the unit a few months later.
'We like to acquire our customers one customer at a time. We see organic growth as the more sustainable and healthy way,' he said."

Dell also reduced business PC prices by up to 22% yesterday...

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