Dell has been bought out for $24.4 billion by a group that includes Silver Lake, Microsoft and founder Michael Dell. With the PC market shrinking in recent months, this new effort to make Dell private will likely precede efforts to focus on tablets and other segments of the market which are growing.

“Microsoft has provided a $2 billion loan to the group that has proposed to take Dell private,” said Microsoft in a statement. “Microsoft is committed to the long term success of the entire PC ecosystem and invests heavily in a variety of ways to build that ecosystem for the future. We’re in an industry that is constantly evolving. As always, we will continue to look for opportunities to support partners who are committed to innovating and driving business for their devices and services built on the Microsoft platform.”