Dell (Obviously) Unlikely to Make Large Acquisitions

Dell (DELL) will conclude its first first official analyst meeting in three years later today. And judging from the street’s tepid reaction to it, the company probably could have postponed it for yet another year. The big news this afternoon: Dell isn’t planning any large acquisitions, which for a company in Dell’s current position is something of a truism. “I wouldn’t hold your breath for a big acquisition,” CEO Michael Dell explained today. “There are a number of network-effect acquisitions, where we can acquire a product line or a key methodology or a key group of skills that we can leverage across our entire network. Our acquisitions will be that kind of thing.”