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Dell Blue history
Dell Blue company history timeline
From a University of Texas dorm room in 1983, he created the company that delivered the first PC to millions of Americans, employing the mantra faster, better, cheaper.
By January 1984, he discovered that local distributors of IBM computers were being forced to buy too much inventory, so he bought the excess PCs at 10% to 15% discounts and flipped them for a profit.
Formerly PC’s Limited, Dell Inc. was formed on February 1, 1984, in Austin, Texas, United States.
Dell began business in 1984 under the name PC’s Limited, initially trading personal computers from IBM. Its founder, Michael, operated the business from his campus room at the University of Texas.
In 1984, he got $1000 from his family to start PC’s Limited.
According to 1,000 Logos, the first logo for Dell appeared in 1984.
In 1985, Dell released its first computer, the Turbo PC. It featured an Intel 8088 processor that ran at 8MHz with a hard drive of 10MB. A year later, Dell launched a new product at the Spring Comdex trade show.
In 1986, Lee Walker, a 51-year-old venture capitalist, became the company’s president.
In 1986, when he was 21, Dell’s revenue hit $34 million.
In 1987, Dell had a logo that featured two horizontal lines.
In 1987, the company adopted the name Dell Computer Corporation.
In 1987, the company was renamed, Dell.
In June 1988, at age 23, he took his company public and became a multimillionaire, selling $30 million in stock.
A 24-year-old Michael Dell stands in his Austin, Texas PC manufacturing facility in April 1989.
In 1989, Dell launched 316 LT, its debut notebook computer.
The hallmark of Dell’s corporate identity is the upside-down “E.” It has been used in logos since 1989, as a graphic representation of the phrase “turn the world on its ear.”
1989 saw the introduction of the first version of the beveled “E” emblem: the blue word “DELL” on a white background.
By 1991, Dell, then 26, was among Forbes’ 400 richest Americans, with a net worth of $300 million.
In 1992, Michael Dell became the youngest CEO of a Fortune 500 company.
TECH TITANS WITH BABY FACES: (From left) At the 1992 PC Forum in Arizona, Bill Gates talks with a 27-year-old Dell and Sun Microsystems cofounder Bill Joy, while Prediction Company’s Doyne Farmer chats up influential tech newsletter editor and conference organizer Esther Dyson.
In 2000, after a decade of skyrocketing sales, it became the world’s largest seller of personal computers, and Dell’s stake was the foundation of a $16 billion fortune.
The Original PC Billionaires: Bill Gates speaks as Michael Dell listens during the product launch of the new Windows XP on October, 2001 in New York City.
In 2003, the company adopted Dell Inc. as its name.
Fast forward to 2004, Michael resigned as the CEO of Dell Inc.
Dell had coveted EMC for years, first trying without success to buy the company during the 2008 financial crisis, hoping to add EMC’s scale inside large IT departments and its treasure trove of software and cloud-computing assets to his empire.
After 2009, this option continued to be used on boot screens for Windows 7 computers.
In 2010, the company updated the logo but did not drop the E, instead choosing to surround the logo with a circle.
In 2010, Dell introduced a circle.
By 2012, PC sales were plunging and cloud computing was on the rise.
By 2012, that firm’s partnership was in transition, and its ambitious young dealmaker Egon Durban was hungry to make big investments.
Yet even then Dell saw opportunity: He enlisted private equity firm Silver Lake and its billionaire co-head Egon Durban to sidestep the public cynicism, taking his company private for $24.9 billion in 2013, the largest technology leveraged buyout ever.
Egon Durban was flying home on a private jet from a high-stakes meeting at Dell’s palatial home in Austin, dubbed “the castle” by locals for its fortified surroundings. It was Good Friday, 2015, and the dealmaking duo were charming the top executives of EMC Corporation, hoping to build momentum for a massive takeover.
Kevin Rollins became the new CEO. In 2016, Dell bought EMC Corporation, a data storage firm, for $67 billion.
The most recent change to the Dell logo was made in 2016.
Silver Lake bought a minority stake in Manchester City Football Group in November, 2019.
Bloomberg Billionaires Index ranked him as the 25th richest in the world as of April 2021.
Dell Founder and CEO Michael Dell poses at the Austin, Texas headquarters of the Michael & Susan Dell Foundation in July 2021.
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