Mergers and Acquistions News
Categories: IT Services & Consulting, Software
June 29th 2011, 17:08PM
Computer giant Dell is aiming to expand its operations into sectors such as storage and services though acquisitions, according to a company executive.
The firm has been looking to extend its presence beyond its traditional personal computer market and acquired eight companies last year.
Chief financial officer Brian Gladden told audience members at the firm's annual analyst conference on Wednesday (29th June): "We are being selective and patient as we think about our acquisition strategy, and we think we can deliver strong returns on the deals that we do," quotes Reuters.
Dell is set to particularly focus on small and medium-sized businesses in the public sector and healthcare industry, according to chief executive Michael Dell.
In a previous interview with the news agency, Dell revealed that it was planning to acquire firms valued between $1 billion (£625 million) and $5 billion (£3.1 million) which would help it achieve its aim of providing all corporate technology services. 
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