Dell is buying $10 billion of Canadian technology firm’s stocks

Dell is spending more than $10bn of its own money buying up a range of companies and technology firms including a global data centre provider and an aerospace and defense giant.

The investment comes as Dell, the world’s largest PC manufacturer, grapples with a $1.7 billion accounting fraud probe and an internal review that concluded the company did not do enough to prevent a $7 billion tax loss last year.

Dell said it has also been a party to the acquisition, which was first reported by Reuters, and expects to make the purchases of several of the companies it acquired in the past few months.

The Dell deal comes after it took a significant hit in its quarterly results and as the company has taken on more debt to make up for the loss.

Dell’s stock has fallen more than 30% since mid-2014, and is trading just below $2 a share.

Its board is considering a plan to restructure some of its debt to better absorb the loss and reduce its cash flow, but the company’s shares have fallen as much as 50% since January.

Shares of Microsoft Corp. have also declined.

The deal comes as Microsoft and its stock plunged after the Wall Street Journal reported last month that Microsoft’s chief executive officer had used his personal computer to secretly track and monitor employees.