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Tuesday, 2 November 2010 - Dell plans cloud computing acquisition and tablet PC push |
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    Edition: U.S. Article Comments (1) Email Print Reprints Read Obama seeks to blunt Republican attack over comment 01 Nov 2010 Japan recalls envoy to Moscow over islands row 7:16am EDT Republicans set to win House, gain in Senate: Reuters/Ipsos poll | 01 Nov 2010 Republicans poised for big gains in elections | 10:54am EDT Jailed tycoon warns of crisis in Russia 01 Nov 2010 Discussed 264 Wall St reform architect Frank fights for survival 194 Obama warns of policy rollback if Republicans win 90 Republicans to win control of House with 231 seats Watched Bejeweled bra exposed in NY Thu, Oct 21 2010 Russian spy poses for Maxim Tue, Oct 19 2010 Mexico's 20-yr old police chief Thu, Oct 21 2010 Report Title Price ValuEngine Detailed Valuation Report for HPQ Provider: ValuEngine, Inc. $25.0 Buy ValuEngine Industry Report for COMPUTER MFRS Provider: ValuEngine, Inc. $49.0 Buy Market Edge Equity Research Report Provider: Market Edge $10.0 Buy Trading Report for (HPQ). A detailed report, including free correlated market analysis, and updates. Provider: Stock Traders Daily $18.0 Buy HPQ: Risk/Reward Rating: Full Report: Cash Truth Behind the Reported Earnings Provider: New Constructs, LLC $25.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Dell plans cloud computing acquisition and tablet PC push Tweet This Share on LinkedIn Share on Facebook HONG KONG (Reuters) - Dell Inc, the world's No.2 PC maker, will announce an acquisition related to cloud computing on Tuesday, its chief executive said, while ramping up its tablet PC line to compete with rivals such as Apple. Speaking at an event... Related News Dell plans push into tablet PC business next year 4:45am EDT Hong Kong c.bank gets nod to invest in China stocks Mon, Nov 1 2010 China Unicom Q3 profit falls 73 pct as costs rise Fri, Oct 29 2010 UPDATE 4-Microsoft profit beats Street, shares rise Thu, Oct 28 2010 Q+A-How quickly can Hong Kong's yuan market grow? Thu, Oct 28 2010 Analysis & Opinion HP’s Slate tablet: The early reviews Apple’s Jobs goes after Google, tablet rivals Related Topics Technology » Deals » Inflows Outflows » Media » Stocks     Michael Dell, Chairman and Chief Executive Officer of Dell Inc, attends a forum at the American Chamber of Commerce in Hong Kong November 2, 2010. Dell Inc, the world's No.2 PC maker, expects to launch a significant number of tablet PC models next year, its chief executive said on Tuesday, drawing the product's growing popularity since the launch of Apple Inc's iPad. Credit: Reuters/Bobby Yip HONG KONG | Tue Nov 2, 2010 6:41am EDT HONG KONG (Reuters) - Dell Inc, the world's No.2 PC maker, will announce an acquisition related to cloud computing on Tuesday, its chief executive said, while ramping up its tablet PC line to compete with rivals such as Apple. Speaking at an event in Hong Kong, Michael Dell also said that he had received feedback from developers that it was easier to develop smartphone software using Microsoft's Windows operating system than Google's popular free Android system. "We're going to have a significant number of new tablets in the next year," Dell said. "There're lots of debate about the size of the market, who's buying these devices, and those questions always emerge when there's a new form factor." Dell did not give any further details of the acquisition, but the company was recently involved in a bidding battle with rival Hewlett-Packard to acquire high-end storage maker 3PAR. Cloud computing is an industry term that refers to providing software and computing power over the Internet such as web-based email, and has been touted by many tech companies as the next big trend in the PC sector. Microsoft launched its new operating system for mobile devices earlier this month, in a move that is seen by analysts to be its last chance to catch up with Apple and Google's Android smartphones after having squandered its early lead. "What's interesting about the smartphone space is how it's changing into a more open-modular system," Dell said. "It's staggering that Android has now surpassed Apple in terms of originations and this is happening at a much, much faster rate than what folks had envisioned." PC companies have increasingly begun looking to mobile devices and other corporate solutions to diversify away from the heavily commoditized personal computer, where net margins can fall to the low single digits for companies such as Acer. Dell unveiled a 7-inch tablet PC it calls the Streak in September following a 5-inch model earlier that month, joining rivals such as Samsung Electronics in competing with Apple in the emerging tablet PC space. (Reporting by Kelvin Soh; Editing by Jacqueline Wong) Technology Deals Inflows Outflows Media Comments See All Comments (1)  |  Post Comment Nov 02, 2010 9:54am EDT Dell is going to hang themselves. They can’t even service their existing customers with their ineffective computers they currently sell. Dell, whoever (China I would assume) makes your computers for you is not doing a good job and who ever is providing your service (most likely India) is not doing a good job either. Maybe you should get back to hiring North Americans and the quality will go up cuz it sure isn’t working right now. LoonieLass Report As Abusive       See All Comments (1)       Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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