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“The Dell deal now looks like a mega deal headed for zero returns” / Victor Basta

Commenting on the record fall in PC sales reported by Gartner/IDC, Victor Basta, managing director of M&A advisory firm Magister Advisors, said:
“The PC era was over some time ago.  We are just seeing it become starkly evident now.  We track tech investment activity closely and more money has been going into internet opportunities than software and hardware combined in the last 18 months, in anticipation of this trend.  
If you’re a store chain called PC World you might want to rethink your brand quickly if you want to be associated with the future of technology rather than antiquity.  These numbers are also a huge cloud over the recent Dell deal, which now looks like a mega deal headed for zero returns.”

Victor Basta, Managing Director- Magister Advisors

Victor specializes in Mergers, Acquisitions, Financial Advisory, Exit Preparation, and Corporate Development bringing his extensive background to his newest enterprise, Magister Artis Ltd., providing merchant banking for growth industries.

In 2003, Victor founded Arma to provide experienced advisory services to technology companies undertaking international transactions. Arma is a leading international specialist firm serving the tech sector. The firm won “International Deal of the Year” for its sale of SuSE Linux to Novell, which helped reshape the open source software landscape.

Prior to Arma, Victor served as Co-President of Worldwide advisory business and partner responsible for European operations of Broadview. During his tenure at Broadview, he was also an Investment Committee member of Kennet Capital.

Before joining Broadview in 1989, Victor had gained experience in cross border M&A between Europe and the US at Deutsche Bank, prior to which he worked for GM in their Treasurer’s office.

Victor has an MBA from Columbia University.

 

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