I will have all the details. And Fantasy Sports sites track record weekend with pro football fans despite the controversy. First, to our lead and the biggest tech takeover ever. Dell agreeing to buy emc for 67 billion. Dell is adding almost 50 billion to it that load on top of the 11 billion its carrying for dell. Its amid the hottest product lineup in an ever more competitive environment. For emc, the buyout will hopefully satisfy activist investors looking for growth. Dell will assume an 80 stake in vmware, which will remain a publicly traded company. Joining me now is a partner at greylock capital who worked there for a decade and alex sherman, our m a reporter at bloomberg. Lets start with you. Lay it all out for us. Alex the idea is dell is one of several large, Legacy Tech Companies whose in many ways best days are behind them and they are trying to figure out what is the next depth forward for us. Part one of that plan was to go private and refocus on the enterprise segment to g
Record weekend was full with pro football lands with pro football fans despite the controversy. First, to our lead in the technologye tech takeover ever. Dell is adding almost 50 billion to it that load on top of the 11 billion its carrying for dell. Its amid the hottest product lineup in an ever more competitive environment. Buyout will hopefully satisfy activist investors looking for growth. A stake inssume vmware which will remain a publicly traded company. Joining me now is a partner at greylock capital who worked there for a decade and alex sherman, our m a reporter at bloomberg. Lay it all out for us. Dell is one ofis several large, Legacy Tech Companies who in many ways best days are behind them and they are trying to figure out what is the next depth forward for us. Part one of that plan was to go private and refocus on the enterprise segment to get away from what we all know dell as from a consumer pc Product Company to a company that Services Information technology too small
Increased 300 last year. I am emily chang and this is bloomberg west. A crucial litmus test. A sunny forecast from a Cloud Computing giant. Shares of salesforce. Com had higher after hours. Talk about a solid resume, i sit down with an interview with reid hoffman. Waiting to big initial Public Offerings this week, square and match both expected to price their ideas any minute now. What are we expecting . Lets start with match. Match group is the Parent Company behind okcupid and. Ender then, of course, there is square. It hasthe company been a rocky year for the ipo market. These companies have what it takes to turn it around . Is ang me now in new york reporter who has been beating the drum. Alex, i want to start with you. Some dispute about the square valuation. It is apple to oranges, you cannot compare public to private. 5. 7 looking at a 5. 7 million valuation. Alex the most telling thing, theyre marketed range, they are looking at 11 to 13 a share. You there is some type of discr
Apec leaders have called for Greater International Cooperation in the fight against terrorism. Growth. Siness and the debate about Climate Change was discussed in manila. Andmore on what is going on how to china and hong kong closed out the morning session there had lunch in the moment. This is the picture from singapore, turkey and mumbai. The index is up by 1 . Im back in half an hour. Time now for bloomberg west. Emily im emily chang and you are watching bloomberg west. A sunny forecast from a Cloud Computing giant. Salesforce. Com after the company raised. Talk about a solid resume. I sit down with a interview with reid hoffman. Now, to the lead. Two big initial Public Offerings this week square and mash expected to price their ideas any minute now. What are we expecting . Lets start with match. Match group is the Parent Company behind okcupid and tinder. Then, of course, there is square. It has been a rocky year for the ipo market. Do these companies have what it takes to turn it
Ferrari is heading to india. Sale. Ndred 85 million 125 million. Tee he will invest 20 million more at the company. Hong kong and china closed for lunch. Points. Seng up 96 the shanghai composite flat. The nikkei composite looking down. Time now for bloomberg west. Emily i am emily chang and you are watching bloomberg west. Patience is not a very for some other shareholders. Activist investors pressuring the company for immediate and dramatic changes. Survival of the fittest in the semiconductor industry. We will take a closer look at why so many Chip Companies have the urge to merge. Taking a plunge in a hightech treasure hunt. A new competition to map the ocean floor. First prize, 7 million. First to our lead. The hits keep coming at yahoo c. E. O. Marissa mayer. Less than a week after she laid out her plans to turn around the struggling giant, activist investors are turning up the heat. Over the weekend, one of yahoo s largest shareholders urged the board to begin selling assets imm