Dell Announces New Corporate Strategy to Grow Business Again

Dell, Inc. (NASDAQ:DELL) founder Michael Dell has announced intentions to use some of his company��s $16 billion in cash to acquire companies in an effort to stave off the consequences of decreased demand for personal PCs.? In what is tantamount to an admission that Dell can no longer rely on its traditional bread and butter in the face of Apple��s (NASDAQ:AAPL) onslaught of tablets and smartphones, the company is now looking for smaller, fast-growing companies that don��t operate in Dell��s core PC business.? Analysts speculate that companies such as Citrix Systems (NASDAQ:CTXS) and Informatica Corp. (NASDAQ:INFA) could be on Dell��s list of potential acquisitions.

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Following is some information on these companies�� stock price performance.

• Dell, Inc. (NASDAQ:DELL): The shares recently traded at $16.25, down $0.37, or 2.23%, on the day.? The shares have traded in a 52-week range of $12.99 to $17.60 and its market capitalization is $29.67 billion. ? About the company: Dell, Inc. offers a wide range of computers and related products.? The Company sells personal computers, servers and networking products, storage systems, mobility products, software and peripherals, and services.? Dell serves consumers and businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific region.
• Apple, Inc. (NASDAQ:AAPL): The shares recently traded at $421.94, up $0.07, or 0.02%, on the day.? The shares have traded in a 52-week range of $297.76 to $423.70 and its market capitalization is $391.18 billion.? About the company: Apple, Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions.? The Company sells its products worldwide through its online stores, its ret! ail stor es, its direct sales force, third-party wholesalers, and resellers.
• Citrix Systems (NASDAQ:CTXS): The shares recently traded at $62.59, down $0.43, or 0.64%, on the day.? The shares have traded in a 520week range of $50.21 to $88.49 and its market capitalization is $11.79 billion.? About the company: Citrix Systems, Inc. designs, develops, and markets technology solutions that allow applications to be delivered, supported, and shared on-demand.? The Company develops and markets comprehensive solutions across all dimensions of application, server and desktop virtualization as well as application and network optimization.
• Informatica (NASDAQ:INFA): The shares recently traded at $47.25, down $0.88, or 1.83%, on the day.? The shares have traded in a 52-week range of $35.61 to $62.42 and its market capitalization is $5.04 billion.? Informatica Corporation provides data integration software and services. The Company��s software allows its clients to access, integrate and trust all their information assets. Informatica��s infrastructure software categories include data integration, cloud computing, complex event processing, application information lifecycle management, data quality, B2B Data Exchange, and others.