HP Issues Statement on Dell’s Leveraged Buyout Plan

Official statement from HP:

Dell has a very tough road ahead. The company faces an extended period of uncertainty and transition that will not be good for its customers. And with a significant debt load, Dell’s ability to invest in new products and services will be extremely limited. Leveraged buyouts tend to leave existing customers and innovation at the curb. We believe Dell’s customers will now be eager to explore alternatives, and HP plans to take full advantage of that opportunity.

No love lost between these two, that’s for sure.

★ Tuesday, 5 February 2013