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Done Deal: Dell Going Private In $24.4B Buyout

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February 05, 2013    10:08 AM ET

Dell has reached an agreement with private equity firm Silver Lake Partners and other financing companies to go private through a leveraged buyout at $13.65 per share, or $24.4 billion, according to the company.

The much-anticipated move ends weeks of speculation about the deal and should allow Dell to focus more on technology and building enterprise solutions without having to worry about satisfying Wall Street's thirst for quarterly profits, according to solution providers and other executives.

Read the entire article here on CRN

HP Slams $24.4 Billion Dell Private Equity Deal

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February 05, 2013    2:26 PM ET

Hewlett-Packard (NYSE:HPQ) Tuesday slammed Dell (NSDQ:Dell)'s $24.4 billion private equity deal, charging that the "significant debt load" will hurt its rival's ability to "invest in new products and services."

"Dell has a very tough road ahead," HP said in an unattributed statement sent to the press. "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."

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Channel Gung-Ho Over Microsoft's Dell Investment

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January 22, 2013    5:00 PM ET

It's a game changer.

That's what solution provider partners are calling a potential $3 billion Microsoft investment in a bid to take Dell private in a leveraged buyout.

Solution providers, in fact, say the potential investment could result in big sales and profit gains for them as they develop tighter, more strategic enterprise solutions relationships with the two industry giants.

Peter Estes, co-founder and president of Axis Business Solutions, one of Dell (NSDQ:Dell)'s fastest growing partners headquartered in Portsmouth, N.H., said he expects sharp increases in both his Dell and Microsoft business if the deal goes through.

"My hope is we would see our Microsoft (NSDQ:MSFT) business go from 5 percent growth to the 25 to 30 percent range," he said. "We are very strategic with Dell. We sell the Dell client [systems], storage, networking, services and Dell Cloud. If they can deliver a stronger Microsoft relationship, our Microsoft numbers will go up. This has the potential to be a real game-changer for us."

Estes said his Dell business was up 50 percent in 2012 to $7 million, and he expects to double that business to $14 million in 2013 in the wake of Dell's transformation to a full enterprise solutions company with offerings that include EqualLogic Compellent in storage, SonicWall in security and Brocade in networking products.

Read the entire article here on CRN

Tech company to stay in city's burgeoning Northern Tier

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Info-tech firm gets big boost

PORTSMOUTH — When Peter Estes went to look for a new home for his information technology advisory company, the local business owner said he searched all over the Seacoast, including across the river into Maine.

But despite having looked in all the logical places, such as Pease International Tradeport, Estes said he ultimately came to realize the perfect place for him and his 35 employees was actually a stone's throw away from his original location at 53 Green St.

"When it really came down to it, we wanted to be associated with the downtown," he said. "These downtown companies tend to be part of a more creative, innovative type of group."

Having founded Axis Business Solutions in 2002, Estes said his company's move to a much larger space in the city's Northern Tier signifies the tremendous growth it has experienced over the years.

The new space is 65 percent bigger than his former location, he said. But aside from the many benefits of moving into a larger space, the info-tech exec said the decision to maintain his business in the periphery of the downtown at 55 Green St. was a simple one.

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Axis Business Solutions Adds Experienced Engineer to their Professional Services Team.

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Portsmouth, NH – The continually growing Axis Business Solutions adds talent to its Professional Services team to meet increasing demand for quality technology consulting and services.

Axis Business Solutions is proud to announce a new addition to their Professional Services Team. Glenn Hussey comes to Axis with 25 years of experience in technology. Hussey’s carrier started in service to our country in the U.S. Air Force as a Field Maintainer and later as an IT Supervisor. After 20 years of service, Hussey continued his technology career and now comes to Axis from the State of Ohio – Department of Public Safety as their IT manager. With multiple certifications and experience in several areas of networking technology, Hussey will make an excellent addition to the Axis Team.

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eCoast offers tech summit on cloud computing

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Participants in the eCoast Cloud Summit set for Friday, May 11, in Portsmouth include, from left, Anne Brown of Daystar Inc., Salina McIntire of Alexander Technology Group, Bridgette Desmond of the Greater Portsmouth Chamber of Commerce and Mark Miller of Axis Business Solutions.Rich Beauchesne photo

PORTSMOUTH — The latest eCoast technology summit will target the quickly evolving technology and capabilities of cloud computing.

Set for Friday, May 11, at Sheraton Portsmouth Harborside Hotel, the daylong eCoast Cloud Summit will explore the opportunities and challenges cloud technology presents for developers, engineers and IT professionals. The event will feature many of the region's top experts in cloud computing technology. More than 200 business and information technology executives and managers are expected to attend.

While it may be hard to pin down a precise definition of the cloud, there is little doubt about its impact on the business world.

"The concept of the cloud is not new to anyone who has a Gmail or Facebook account. But it's the next and important phase of virtualization," said Mark Miller of Axis Business Solutions in Portsmouth, chairman of the eCoast Development Committee. Following what Miller said was a highly successful eCoast Summit last year on mobile technologies, the committee chose the cloud as a vital and popular topic because it has altered the information technology infrastructure of businesses of all sizes.

 

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Axis Business Solutions Rocks Maine

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Axis Business Solutions Rocks Maine
By Brittany Danielson, CRN

See the slide show on CRN's website

Sailing Through Economic Storm

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Axis Capitalizes on High-Tech Know-How


Peter Estes is the owner of Axis Business Solutions, Portsmouth, NH.

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December, 2010, Portsmouth, NH

In a time when many companies are struggling to wait out the turbulent economy, Axis Business Solutions has taken advantage of the downturn.

"We have looked at the economic downturn as an opportunity," said Axis Business Solutions owner Peter Estes. "While others have attempted to hunker down and weather the storm, we have been aggressively growing our business. We saw the most growth when the economy went down. We actually capitalized on it."

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Axis Aids Burlington Area Chamber of Commerce

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Burlington, MA, December, 2010 — Axis Business Solutions of Portsmouth, N.H., recently came to the aid of the Burlington Area Chamber of Commerce (BACC) with a donation of desktop computers.

“A friend of one of our employees mentioned that the Chamber was founded about three or four years ago and is growing fast but is in need of new technology,” said Axis owner Peter Estes. “We and our clients can certainly relate to that. It wasn’t a hard decision to help them out.”

“Axis is a solid company and a good neighbor,” said Jim Murphy, BACC president and CEO. “Our Chamber has over 600 contacts in our distribution list with whom we communicate regularly through email and our website. We can certainly use the additional computing power to better serve and further grow our membership through the use of a more efficient, effective and interactive communications platform.”

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Axis Business Solutions Named an EMC Velocity Affiliate Partner

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Portsmouth, N.H., December 3, 2010 — Axis Business Solutions, a leading technology provider in Portsmouth, N.H., is proud to announce its certification as an EMC Velocity Affiliate Partner. The certification allows Axis to secure significant savings for its customers that standardize on the EMC storage products.

Peter Estes, owner of Axis Business Solutions explained, “It’s not just about the savings; we’ll also be able to leverage the best EMC engineers for our customers so that we can help them create a solid plan for their network storage needs.”

In addition, Axis will collaborate with EMC on marketing efforts as well as end-user events.

Axis Business Solutions Awarded Dell Certified KACE Specialist Designation

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Portsmouth, N.H., December 17, 2010 — Axis Business Solutions, a pioneer for the Dell Channel Partner Program, recently passed all tests to become a Dell certified KACE Specialist. The certification provides Axis representatives with extensive knowledge about the Dell KACE product line, enabling Axis to secure significant discounts for its customers.

Dell KACE is the leading provider of systems management appliances. The appliance-based approach to managing desktops, laptops and servers saves time and money for systems management professionals and their organizations.

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Axis understands the business challenges we face and the goals we have in mind for our network. We don’t have to go into a lot of detail, because they make it a point to know our business inside and out.
- Kevin Foster, York Hospital