Dell software deal flexes Elliott's newly developed buyout muscle

Dell software deal flexes Elliott's newly developed buyout muscle

A Dell logo is seen at the computer in Kiev, Ukraine April 21, 2016. REUTERS/Gleb Garanich

Elliott Management Corp’s deal to acquire Dell Inc’s software assets shows how the U.S. hedge fund and prominent activist investor is stepping up its private equity practice, and positioning itself for more takeovers in the tech sector.

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