Boss man and soon-to-be-private owner Michael Dell says a mobile renaissance isn't on the cards.
UpdatedThe road to privacy was littered with defiant investors, but today Dell got the go-ahead to get off Wall Street.
Dell CEO Michael Dell told employees in a memo that the company is ramping up its investment in PCs and tablets.
Dell makes its case for going private to the Securities and Exchange Commission by painting a rocky future for PCs.
Dell's largest outside investor decided not to play nice with plans to privatize, claiming the company is grossly undervalued.
Dell is hoping to reverse its recent fortunes in a $24 billion deal that'll keep Michael Dell in control.
Michael Dell is reportedly set to buy a controlling stake in his company as he, Microsoft and an investment firm look to take Dell back.
Dell founder Michael Dell has insisted that his company has no intention of following rival Hewlett Packard in attempting to shed its PC making business.