Dell to purchase MessageOne for $155 million

Dell has announced their plans to purchase the business email services company MessageOne for a cash deal of $155 million. MessageOne was co-founded by Dell’s Michael Dell along with his brother Adam Dell and is owned in part by Impact Venture Partners and Impact Entrepreneurs Fund. The sale will put an approximate $12 million into a trust for Michael Dell, his wife and children with Adam Dell getting about $970,000 and their parents getting about $450,000.