Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Blackstone May Bid on Dell After All

Private equity firm Blackstone Group may bid on Dell after all. Earlier this month, the firm was among those said to be using the occasion of a go-shop period to kick the tires and consider bidding on the computing giant, which is seeking to go private in a $24.4 billion leveraged buyout. None were expected to bid. Now comes word from Bloomberg News that Blackstone may indeed seek to outbid Silver Lake Management, which has teamed up with CEO Michael Dell on the buyout bid. Offers are due by March 22.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik