HP HPQ today
issued the following statement related to Dell's announcement to
enter into an agreement to be acquired by Michael Dell and Silver
Lake:
"Dell has a very tough road ahead. The company faces an extended
period of uncertainty and transition that will not be good for its
customers. And with a significant debt load, Dell's ability to invest
in new products and services will be extremely limited. Leveraged
buyouts tend to leave existing customers and innovation at the curb.
We believe Dell's customers will now be eager to explore
alternatives, and HP plans to take full advantage of that
opportunity."
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