Short History of Dell


History of Dell

Michael Dell founded Dell Computer Corporation, dba PC's Limited, in 1984 while a student at the University of Texas at Austin. Operating from Michael Dell's off-campus dormitory room at Dobie Center, the startup aimed to sell IBM PC-compatible computers built from stock components. 

Michael Dell started trading in the belief that by selling personal computer systems directly to customers, PC's Limited could better understand customers' needs and provide the most effective computing solutions to meet those needs. 

Michael Dell dropped out of school in order to focus full-time on his fledgling business, after getting about $1,000 in expansion-capital from his family.

1988 - Dell complete initial public offering, raising $30 million and increasing market capitalization from $1,000 to $85 million.

1985 - the company produced the first computer of its own design - the "Turbo PC", sold for US$795.

1992 - Dell debuts on the Fortune 500, making Michael Dell the youngest CEO on the list.

1996 - launches, generating $1 million in sales per day just six months after site is live.

2001 - Dell becomes the No. 1 computer systems provider worldwide.

2005 - Dell tops the list of "America's Most Admired Companies" in Fortune magazine.

2010 - Dell is ranked the No. 1 healthcare information technology services provider in the world according to Gartner, Inc.

2013 - Michael Dell and private equity firm Silver Lake Partners buy back Dell from public shareholders to accelerate our solutions strategy and to focus on the innovations and long-term investments with the most customer value.

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