Dell ploughs ahead with VMware spin-off
Close to a year after confirming it was considering spinning off its 81 per cent stake in VMware, Dell Technologies has flagged its decision to plough ahead with the move.
Close to a year after confirming it was considering spinning off its 81 per cent stake in VMware, Dell Technologies has flagged its decision to plough ahead with the move.
Michael Dell has questioned the multi-cloud strategy of industry rival Hewlett Packard Enterprise, claiming the vendor is off the pace as market competition heats up.
Dell Technologies is exploring a sale of SecureWorks, a provider of cyber security services with a market value of close to US$2 billion.
Dell Technologies has received shareholder approval to buy back shares tied to its interest in VMware, paving the way a return to the market.
Dell Technologies has reported a 15 per cent rise in quarterly revenue, as businesses were forced to upgrade their systems running on older Windows tech.
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