Dell Inc., which initiated its first dividend yesterday, will use acquisitions to add products for corporate customers and curb reliance on personal computers, a business battered by competition from smartphones and tablets.
The world’s third-largest PC maker plans to boost revenue from data-center products and technology services 45 percent to $27.5 billion by fiscal 2016, Dell said at a meeting with analysts today in Austin, Texas. Over that four-year period, PC-related revenue will climb 8.3 percent to $47 billion.
As smartphones and tablets siphon sales from PC makers, Dell’s sales growth has slowed, with revenue rising just 1 percent in fiscal 2012. The company lost share in the global PC market in the first three months of the year, and it now trails Hewlett-Packard Co. and Lenovo, according to market researcher Gartner Inc. Dell is expanding in enterprise technology to offer corporations a broader lineup of products and services to run technology operations.