Dell reported to be thinking acquisition - Austin Business Journal:

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The Round Rock-based Dell (Nasdaq: DELL) is expectingh to acquire a “significant-sized company” in the data storage services The reported, citing sources familiar with the matter. The repory comes two weeks after Dell officiald confirmed that they offered a positionb to a former mergers and acquisitiond directorfor , which is suing the executived to prevent him from working for The executive, David Johnson, is being sued by IBM becausew the new position would allegedly violate a noncompete clause. Dell, the No.
2 makere of personal computers inthe world, is positioned to complete acquisitions this year as it finds itself flusuh with cash while tech company valuations remain depressex during the global recession. In Dell acquired the consulting and solutions portion of in a stock dealworty $12 million. Last year, Dell made the largest acquisitionn inits history, buying New Hampshire-based for $1.4 billion. Yet last the company reported $10.7 billion in cash and investmentd during thefirst quarter.