Reuters – The chief executive of Dell Inc said on Tuesday that talk of IBM possibly buying Sun Microsystems was providing an "enormous opportunity" to the world’s No. 2 PC maker in the corporate server market.

Michael Dell said such talk created uncertainty over the future of Sun’s Solaris-based servers and accelerated a customer migration to the servers based on standard industry components, known as x86 servers, which are Dell’s mainstay product.

Apart from the potential IBM-Sun union, Dell is also facing an uphill battle with network equipment maker Cisco Systems with and Hewlett-Packard. Cisco has announced a foray into the server market and HP has started to offer a more complete package of technology services to its corporate clients after its purchase of EDS.

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Saudi Gazette – A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $13.9 billion.

IndyMac, which specialized in loans made with little down payment or proof of assets, was seized by the government in July after a run on the bank as the US housing market collapsed.

The Federal Deposit Insurance Corp. said Friday that a holding company led by Steven Mnuchin, co-chief executive of private equity firm Dune Capital Management, agreed to buy IndyMac in a deal reached Wednesday.

The investors have formed a partnership, called IMB Management Holdings LP, that includes Dell’s investment firm, MSD Capital.

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