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Dell Computers
Michael Dell was a freshman at the University of Texas in Austin who started selling computers made from stock componetns out of his dorm room. -
Turbo PC
In 1985, the company produced the first computer of its own design the "Turbo PC“. It costed $795. -
International !
In 1987, Dell opened their first international subsidiary in the United Kingdom. -
Money
In June 1988, Dell's market capitalization grew by $30 million to $80 million. -
Time of Change !
The company changed its name PC's Limited to "Dell Computer Corporation" in 1988. -
Laptops !
In 1989, the first laptop computer, the 316LT, goes on sale. -
Manufacturing
In 1990, Dell opens a manufacturing center in Limerick, Ireland, to serve Africa, Europe and the Middle East. -
Global !
In 1995 ,Dell goes global, expanding to Asia, Japan, Europe and the Americas. -
Via Web !
In 1996, Dell began selling computers via its web site. -
Sales !
In 2000, Dell.com's online sales hit $40 million a day. -
Expand
In 2002, Dell attempted to expand by tapping into the multimedia and home-entertainment markets -
Company name !
In 2003, at the annual company meeting, the stockholders approved changing the company name to "Dell Inc." -
Dell !
In 2004, Michael Dell stepped aside as Chief Executive Officer while retaining his position as Chairman of the Board -
First Place !
In February 2005 Dell appeared in first place in a ranking of the "Most Admired Companies" published by Fortune magazine. -
Losing !
Growth begins to slow and stock starts losing momentum -
Perot System !
In 2009, Dell acquires Perot Systems for $3.9 billion and launches Dell Services to drive its end-to-end IT services business -
Agreement !
Dell agrees to be taken private for $24.4 billion, or $13.65 per share, in a deal that involves private equity firm Silver Lakes, Microsoft Corp, and its Chairman Michael Dell.
