Just months after being spun off from Dell, VMware is reportedly in talks to be acquired by Broadcom.
VMware Completes Its Spin-Off From Dell
VMware has completed its spin-off from Dell, becoming an independent company for the first time in 18 years.
Dell Will Spin-Off VMware in a $9 Billion Deal
Dell has announced plans to spin off VMware as a standalone company, in a deal expected to bring in $9 billion.
Dell: 80% of Companies Fast-Tracked Digital Transformation
A Dell commissioned an independent survey of 4,300 worldwide business leaders indicates a massive shift toward digital transformation in 2020 accelerated by the pandemic.
Google Acquires CloudSimple, A Company Once Crucial to Microsoft
Google announced in a blog post today that it has acquired CloudSimple, a company once central to Microsoft’s cloud ambitions. CloudSimple is a “secure, high performance, dedicated environment in Public Clouds to run VMware workloads.” Google struck a partnership with…
Michael Dell Predicts in 10 Years More Computed Data on the Edge Than Cloud
“The surprise outcome ten years from now is there’ll be something much bigger than the private cloud and the public cloud,” says Dell Technologies CEO Michael Dell. “It’s the edge. I actually think there will be way more computed data on the edge in ten years than any of the derivatives of cloud.”
There’s This Explosion of Innovation, Says VMware CEO
“There’s this explosion of innovation that’s going on,” says VMware CEO Pat Gelsinger. “I’ve called it the four superpowers; cloud, mobility, AI, and IoT. These are just causing so many new companies, investment of capital, major new IPOs that are going on.”
Richard Gere ‘Quietly’ Dating Top Chef’s Lakshmi?
Looks like Richard Gere is already dating despite the fact his divorce from Carey Lowell isn’t yet finalized. Page Six reports the 64-year-old actor is indeed dating Top Chef host Padma Lakshmi. “It started very recently and quietly,” a source…
Richard Gere Reportedly Dating Padma Lakshmi
Richard Gere has recently begun dating Padma Lakshmi, according to Page Six. “They have been quietly spending some time together. It is all very new and recent, and happened while he has been filming in New York,” a source told…
Dell Layoffs Confirmed; Numbers Smaller than Rumored
Earlier last month, reports leaked stating that Dell was preparing to layoff a massive amount of its workers worldwide. The Register, a British technology website, stated on January 9th that Dell would layoff 20% of its U.S.-based sales members, while…
Michael Dell’s Dell Acquisition Now Complete
Dell today announced that its acquisition by Dell founder Michael Dell and investment firm Silver Lake Partners has officially completed. The transaction, which cost Dell and his partners $24.9 billion, has taken the Dell company private. Michael Dell has stated…
Dell Focuses On Asia and Africa as Europe, America Decline
It would be an understatement to say that Michael Dell has been quite busy lately. First, it was the $25 Billion leveraged buyout of the troubled company that bears his name, in partnership with private equity firm Silver Lake. During…
Dell Shareholders Approve $25 Billion Buyout
Dell today announced that its shareholders have approved the proposed buyout of the PC manufacturing company by the company’s founder and CEO, Michael Dell (pictured). The vote was taken today at a special shareholders meeting. The $24.9 billion transaction will…
Carl Icahn Pens Letter Bowing Out of Dell Deal
Billionaire activist investor Carl Icahn penned an open letter on Monday to Dell Inc. shareholders announcing the end of his battle with the company’s Board of Directors. Some reports indicate Icahn will leave the deal about $11 million richer and…
Dell Finally Announces $24.4 Billion Deal To Go Private
Dell finally announced its privatization deal today. The company is being acquired by founder Michael Dell and investment firm Silver Lake. Dell stockholders will receive $13.65 per share in cash in a transaction valued at about $24.4 billion. The transaction…
Report: Dell Participating In Buyout Talks
Dell may be looking to go private, as the company has been participating in buyout talks with Silver Lake Partners, according to a report from the Wall Street Journal. The publication, citing a person familiar with the matter, reports that…