Dell Looking Acquire Another Company

Despite yesterday’s gloomy 1Q news, Steve Felice, Dell’s president of the SMB (small & medium business) unit, confirmed that Dell is building cash reserves to "increase activity for inorganic growth," AKA "buying someone out with lots of cash and/or stock." Heh, he said growth.

There's no shortage of speculation as to what companies Dell might be interested in buying. Some see Palm as a logical target since buying the company would give Dell immediate access to a line of smartphones -- a segment of the market that Dell officials, including CEO Michael Dell, have expressed interest in.

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