Dell changes name

Dell Computer Corp has decided to change its name to Dell Inc. This came through at a management proposal that was approved by shareholders in proxy voting during the company’s annual meeting of stockholders at Austin on July 18, 2003.

The company has decided to drop ‘Computer’ from its name, as Dell is diversified into data storage and printer markets. 

Dell’s Chairman and CEO Michael Dell said that the company’s large and growing influence in the enterprise explains the company's name change. “Dell's formal name is catching up with its evolution from supplying strictly computer hardware to providing a diverse range of technology products and services,” he added. He also claimed that, “More and more customers are making the company a trusted enterprise partner, especially for standards-based servers, storage systems and services.” 

Micheal reinforced that the company’s customer-focused and direct way of doing business has enabled it to expand and deepen its customer relationships. He added that the approach allows the company to understand the needs of customers and consistently produce leading, operating results for investors and others stakeholders. 

While the company's US business remains exceptionally strong, growth in other markets is also rapid. Product shipments last quarter were up 40% in Asia-Pacific and Japan, and 29% in Europe, the Middle East and Africa. Operating income in both regions nearly doubled to record levels.

CYBER NEWS SERVICE

AUSTIN, TEXAS