Twenty five years after making its stock market debut, Dell is now officially private again. Founding CEO Michael Dell and investment partner Silver Lake on Tuesday completed the acquisition of the company for $24.9 billion, two months after activist investor Carl Icahn ended his campaign to derail the privatization process.

Under the terms of the buyout, Dell stockholders will receive $13.75 in cash for each share of common stock they hold, plus a special cash dividend of $0.13 per share. Dell and Silver Lake originally offered $24.4 billion for the computer maker, or $13.65 per share, but reluctantly sweetened the pot after pressure from investors and the special board committee tasked with overseeing the transition.

Michael Dell noted that “today, Dell enters an exciting new chapter as a private enterprise. Our 110,000 team members worldwide are 100 percent focused on our customers and aggressively executing our long-term strategy for their benefit.”

Out of the glare of Wall Street, Dell can now focus on its transition to the enterprise market without getting bogged down in shareholders’ short-term expectations. The company has embarked on an aggressive growth strategy to expand into new segments through a mix of acquisitions and internal development.

In the enterprise space, Dell is pushing into the hyperscale market with a 64-bit AMD server that will be made available for proof of concept testing in early 2014. A prototype system running Fedora was demonstrated at this week’s ARM TechCon conference with a 16-port PMC SAS device.

On the consumer side, Dell is stepping up its mobile game with the Venue line of tablets. The crown jewel of the family is the custom-assembled Dell Venue 11 Pro, a Windows device that can be configured with an Intel Bay Trail processor and two gigabytes of RAM or a powerful Haswell CPU and as much as 8GB of memory.