Microsoft in talks to invest up to $3 billion in Dell: CNBC

Microsoft Corp is in discussions to invest between $1 billion and $3 billion of mezzanine financing in a buyout of Dell Inc, CNBC cited unidentified sources as saying on Tuesday.
Private equity outfit Silver Lake Partners is trying to finalize a bidding group to take the world’s No. 3

PC maker private, and has opened discussions with potential equity partners, sources familiar with the matter have said.
Dell also has formed a special committee to take a close look at any potential deal on the table, multiple sources with knowledge of the matter told Reuters. If successful, it would be one of the largest corporate buyouts since before the global financial crisis.

Microsoft, which accelerated its foray into computer hardware in 2012 with the launch of the Surface tablet, will provide the capital in the form of mezzanine financing according to CNBC, which is a hybrid of debt and equity.

Microsoft and Dell both declined to comment on the CNBC report. Shares in Dell gained climbed 2 percent to $13.08 in late morning trade.

Indian Made eTouch Pen Converts Old Monitors Into Touch Screens

Bangalore: Touch screen devices relish the digital era, and the demand for the same has increased especially after the introduction of the touch centric Microsoft Windows 8 operating system in the market. Majority of the PC/ laptop users are in a state of dilemma thinking of how to make the best use of Windows 8 system. In an attempt to make use of the growing demand, Bangalore- based Jeswill Hi-Tech Solutions has come up with an innovative stylus ‘e-touch Pen’ to facilitate the conversion  of non-touch based PC or laptop into a touch screen devices.

The e-Touch Pen is designed for the Windows 8 with non-touch devices, as the new Microsoft operating system provides the ultimate user experience on touch devices. The device can also be used on PC’s running on Windows 7.

The device works based on a combination of ultrasound infrared technology and doesn’t require drivers for installation. It includes components like a cordless electronic pen and a detachable base unit with a USB cable connector. It has a receiver that can be clipped on to a screen and a stylus pen that acts as a transmitter. Apart from that, a small magnetic strip is stuck onto the side of a screen.

The receiver is clipped on to the magnetic strip and connected to the computer through a USB port. Since the clipped on receiver is an infrared device, it helps in positioning the stylus. The stylus transmitter is a battery- operated, ultrasonic device which has few brushes at its tip which attracts the vibrations when the pen is moved on the screen. The signals are subsequently transmitted to the receiver. The receiver transmits the input to the PC which completes the action accordingly.

There lies a price gap between a touch screen PC and a non-touch PC which is more than 10, 000 in market, but the new i-Touch pen can bridge the gap as it costs around to 5,000.  It works on a maximum screen size of 22-inch with a resolution of 100 DPI.

According to Mr. Sylvester P. Moorthy, Chairman, Hi-Tech Solutions, the e-Touch pen was designed especially for Windows 8. He also said that users will be able to write, draw, and edit pictures on the screen as well as perform certain other functions using this device.