ROUND ROCK, Texas — Dell Technologies’ board of directors has unanimously approved a proposal to reincorporate the company in Texas, moving its legal home from Delaware to Texas.
The company said that its board is recommending stockholders approve the change at Dell’s annual meeting on June 25. It would not affect business operations, management, strategy or employee locations, the company said.
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Michael Dell founded the company in Austin in 1984. Its global headquarters and the largest concentration of its U.S. workforce are based in Texas.
“Texas is where Dell has innovated, expanded, and invested for more than four decades, and bringing our legal home to Texas reflects what we’ve been building here all along,” said Michael Dell, the company’s chairman and CEO.
Gov. Greg Abbott welcomed the move on X Monday, writing that the announcement is “what happens when job creators and innovators are welcomed, not punished.”