Dell Looks to Acquisitions for Growth: Report

Michael Dell, the chief executive of the computer maker that bears his name, expects Dell (DELL Quote) to acquire a "significant-sized company" in coming months, the Wall Street Journal reports, citing a person who has spoken with the CEO.

Dell wants to expand its data-storage and tech-services businesses, according to people who have recently spoken with its chief financial officer, Brian Gladden, the Journal adds.

On Wednesday, Dell sold $1 billion is bonds, but a Dell spokesman said the debt offering is "for general corporate purposes, and among the possibilities -- and certainly no commitment has been made -- are acquisitions," according to the newspaper. ...