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Technology Newsday > Business

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Dell faces turnaround challenge after going private

Published: February 6, 2013 7:16 AM
By BLOOMBERG NEWS

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Now that Michael Dell has clinched a deal to take his company private, he faces the bigger challenge of turning a business falling behind in personal computers into a provider of high-margin cloud-computing tools and services.

Dell, 47, gains greater freedom to cut jobs and embark on strategy shifts at Dell Inc. without answering to public shareholders. Still, the buyout imposes constraints,...

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