Dell Said to Be in Buyout Talks With Private-Equity Firms

Dell Inc., the personal-computer maker that lost almost a third of its value last year, is in buyout talks with private-equity firms, two people with knowledge of the matter said. The shares surged.

The company is discussing going private with TPG Capital and Silver Lake, said one of the people, who asked not to be identified because the talks are private. A deal could be announced as soon as this week, one person said. The discussions could fall apart because firms may not be able to line up the needed financing or resolve how to exit the investment in the future, the people said.