The Dell Tech And VMware Spin-Off Benefits Everybody forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Hopes high for postseason play
The Del Tech men’s lax team poses for a team picture after defeating Division III Cairn University. In back are (l-r) Louis Savino (Middletown), Connor Fuchs (Polytech), Jayden Arthurs (Milford), Liam Bernat (Caesar Rodney), Billy Arterbridge (Sussex Central), Anthony Rapposelli (Concord), Matt Kracyla (Middletown), Matthew Francis (Concord), Kaleb Kmiec (Polytech) and Ryan Siverson (Polytech). In front are Riley Sapp (Lake Forest), Sean Hinchey (Ridley, Pa.), Tyler Luck (MOT Charter), Conor Christie (Milford), Jimmy Thompson (Middletown), Ryan McCrary (Mount Pleasant) and Trevor Whitlock (Sussex Tech). DAN COOK PHOTOS
Dan Cook April 14, 2021
The Delaware Tech men’s lacrosse team moved to 3-5 on the season with a 21-8 win over Division III Cairn University at the DE Turf Sports Complex in Milford April 13. They previously defeated Carroll Community College 16-12 on April 12.
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Dell Technologies Inc. today announced the long-expected spinoff of VMware Inc., the computing virtualization company it has majority-owned since it bought then-owner EMC Corp. in 2016.
The computing giant said it will spin off its 81% equity ownership in VMware, creating two standalone companies when the move is completed in the fourth quarter of this year. That timing depends on conditions such as a favorable Internal Revenue Service opinion that the transaction qualifies for tax-free status for Dell shareholders.
The idea is to simplify the companies’ capital structures, since arguably investors have valued both companies’ stocks lower than they might have because of the uncertainties related to the complex capital structures. Dell’s shares rose about 9% in after-hours trading, while VMware’s shares rose about 1.6% in late trading.
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Dell Technologies Inc. today announced the long-expected spinoff of VMware Inc., the computing virtualization company it has majority-owned since it bought then-owner EMC Corp. in 2016.
The computing giant said it will spin off its 81% equity ownership in VMware, creating two standalone companies when the move is completed in the fourth quarter of this year. That timing depends on conditions such as a favorable Internal Revenue Service opinion that the transaction qualifies for tax-free status for Dell shareholders.
The idea is to simplify the companies’ capital structures, since arguably investors have valued both companies’ stocks lower than they might have because of the uncertainties related to the complex capital structures. Dell’s shares rose about 9% in after-hours trading, while VMware’s shares rose about 1.6% in late trading.
Progress Starts With Us: Access and Inclusion for All
No one could have imagined how 2020 would shine a light on the societal inequities that are holding our world back from true progress. In our SXSW session ”
Progress Starts With Us: Access and Inclusion For All“, experience real conversations about how these inequities have led to a digital divide, where limited access to technology and digital skills are creating barriers to opportunity. We know something must be done.
Participants include:
New York Times Bestselling Author & Host,
Uncomfortable Conversations with a Black Man, a web series about racism to drive open and uncomfortable dialogue.