Dell: Since 1984, a roller-coaster ride

Twenty-nine years after its founding, iconic computer maker Dell Inc agreed to a $24.4 billion deal to go private on Tuesday. Here is the Dell story.

An entrepreneur is born

Michael Dell, a 19-year-old, pre-med college freshman starts selling computers built from stock components out of his dorm room at the University of Texas in Austin. He later drops out to focus on the business he names "PC's Limited."

PC's Limited business expands

PC's Limited creates a 10-megabyte personal computer, the Turbo PC, with a pricetag of $795, undercutting IBM's costlier machines. The business expands to set up its first international subsidiary two years later in Britain.

Public company 'Dell' is born

PC's Limited changes its names to Dell Computer Corp and goes public, raising $30 million and increasing its market capitalization to $85 million. Its shares debut at $8.50, or a cumulative split-adjusted price of 9 cents.

The 316LT hits the market

Dell's first laptop computer, the 316LT, goes on sale. The next year, it went on to open a manufacturing center in Limerick, Ireland, to serve Africa, Europe and the Middle East.

Michael Dell, 27, becomes youngest CEO on Fortune 500

Dell debuts on Fortune 500, making Michael Dell the youngest CEO on the list at the time, at age 27.

Dell goes global

Dell continues its global expansion spree, tapping markets in Asia, Japan, Europe and the Americas.

Dell becomes web-savvy

The computer company launches in 1996, which hits $1 million in daily sales in six months.

Sales hits 10-million mark

Dell opens its second manufacturing center in Texas opens and ships its 10-millionth PC.

Online sales jump's online sales hit $40 million a day.

Dell gains world's top computer-maker crown

Dell becomes No. 1 computer systems provider worldwide.

Fighting for No.1 position

HP merges with Compaq to take No.1 spot in PC sales. Dell soon regains its top spot.

Company renamed Dell Inc

The company finally gets the name it is known by today - Dell Inc.

Michael Dell hands over reigns to Kevin Rollins

Michael Dell resigns as CEO, but retains position as chairman to focus on his philanthropic foundation. Then-President and COO Kevin Rollins ascends.

After success, Dell faces slowdown

Growth begins to slow and stock starts losing momentum.

Dell loses No.1 crown to HP

A battery recall after a Dell laptop catches fire dents its image. After several quarters when its results missed Wall Street expectations, HP displaces Dell as No. 1 PC seller in the fourth quarter.

The return of Michael Dell

Kevin Rollins resigns and Michael Dell returns as CEO.

Dell taps IT, smartphone markets

Dell acquires Perot Systems for $3.9 billion and launches Dell Services to drive its end-to-end IT services business. It also enters the smartphone market with the Mini 3i from China Mobile.

Dell enters tablet market with Streak

Dell starts selling the Streak, a 5-inch tablet, subsequently considered a flop. Goes on an acquisition spree and snaps up companies in storage, systems management, cloud computing and software: Boomi, Exanet, InSite One, KACE, Ocarina Networks, Scalent andCompellent.

Dell continues acquisition spree

Procures Secure Works, RNA Networks and Force10 Networks, rounding out its enterprise capability.

A buyout deal on the anvil

Makes another half dozen acquisitions including storage protection company Credant Technologies and software manufacturer Quest Software. Later that year, the world's No. 3 PC maker enters talks with private equity firms on potential buyout deal.

Dell goes private in landmark deal

Dell agrees to be taken private for $24.4 billion, or $13.65 per share, in a deal that involves private equity firm Silver Lakes, Microsoft Corp, and its chairman, Michael Dell.