ParisLemon

Good reminder from Alex Wilhelm of The Next Web about Microsoft’s involvement in Dell’s bid to take itself private (which is now under attack from a few directions):

Microsoft is providing just over 8 percent of the needed funds to take Dell private. Why would it do that, if it will not pick up any control over the massive OEM partner that is ailing? In short, Microsoft is currently incredibly cash-rich. With more than $60 billion in cash and equivalents and short-term investments, the company can afford the loan.

And, the general scuttlebutt is that Microsoft is getting a pretty decent interest rate on the loan itself as well as using non-repatriated funds, allowing its foreign cash to be useful.

Seems like a smart way to use some overseas money.