Dell is spinning out VMware in a deal expected to generate over $9B for the company

Dell announced this afternoon that it’s spinning out VMware, a move that has been suspected for some time. Dell acquired VMware as part of the massive $58 billion EMC acquisition (announced as $67 billion) in 2015. The way that the deal works is that Dell plans to offer VMware shareholders a special dividend of between … Continue reading Dell is spinning out VMware in a deal expected to generate over $9B for the company