Jun
20
Elliott and Private Equity Firm to Buy Dell’s Software Unit
By
Paul Singer, founder of the hedge fund Elliott Management. CreditSteve Marcus/Reuters
For more than a decade, the hedge fund Elliott Management has focused on shaking up technology businesses with activist shareholder campaigns, urging companies to sell themselves.
Now the hedge fund has taken a big step into the business of buying companies outright.
Elliott and the private equity firm Francisco Partners said on Monday that they would buy Dell’s software businesses. A price was not disclosed, though it is estimated to be more than $2 billion…
Elliott and Private Equity Firm to Buy Dell’s Software Unit
