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Loadsmart Adds Executives, Opens New Headquarters

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Dell spins off VMware to fuel post-pandemic PC growth opportunities


Dell spins off VMware to fuel post-pandemic PC growth opportunities
Five years after completing the purchase of EMC and gaining a software-defined powerhouse, Dell is now offloading VMware
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Published: 15 Apr 2021 13:53
Dell Technologies has announced that it will spin off its 81% equity ownership of VMware, forming two standalone public companies.
According to the
Wall Street Journal, this is worth around $52bn, and goes a long way to paying off the debt Dell accrued in its September 2016, $67bn purchase of storage giant EMC.
The spin-off will see the two businesses enter into a five-year commercial agreement to co-develop technology and products and align sales and marketing activities. Dell Technologies said VMware would continue to use Dell Financial Services to help its customers finance their digital transformations. ....

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Dell Technologies va transformer VMware en société indépendante

Dell Technologies va transformer VMware en société indépendante
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