Dell-EMC Deal

Dell confirms it’s considering combining with VMware and other options in SEC filing

This morning, Dell confirmed previously published reports in an SEC filing, that it is considering various options to possibly reorganize itself. Reports emerged last week suggesting the Dell board w

Why the Dell rumors might have substance

By now you’ve probably heard that the Dell board is supposed to be convening later this month to figure out how it might reorganize itself to deal with the mountain of debt it took on when it bo

$67 billion Dell-EMC deal closes today

Last Fall, rumors began circulating that Dell was interested in acquiring EMC. On October 12th, the rumors proved true when Dell announced it was buying EMC for an astonishing $67 billion, a record p

Confirmed: Dell sells software division to Francisco Partners and Elliott Management

TechCrunch has confirmed that Francisco Partners and Elliott Management have agreed to acquire Dell’s software division. Elliott Management, Francisco Partners and Dell issued a joint press r

Pivotal confirms Series C round is actually over $650 million

Pivotal filed a Form D last week with the SEC, indicating that last week’s $253 million round was actually closer to $653 million. Where did the extra money come from? Well, existing investors E

Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

Pivotal has a couple of new friends with big wallets. Today it announced that Ford and Microsoft were joining EMC, VMware and GE as investment partners on a massive $253 million Series C investment wi

Michael Dell reveals new branding scheme for the Dell-EMC conglomeration

Michael Dell today revealed the new names, and yes we are talking multiple names, for the artist formerly known as the Dell-EMC deal. EMC will be deprecated for the main branding Dell Technologies

Dell’s SecureWorks stumbles in first tech IPO of the year

It has been a dry year for tech IPOs. Up until today’s SecureWorks offering, there had been zero in the U.S. in 2016. Zero. This compares to seven in the same period last year and 24 in that tim

Rumors swirl EMC wants to dump Documentum ahead of Dell acquisition

Rumors are flying today that to nobody’s surprise, EMC and by extension its new sugar Daddy Dell are looking to dump dowdy Documentum, the company’s enterprise content management product.

NTT to buy Dell’s services division for $3.05 billion

You may know Dell as a computer and server maker, but Dell also operates a substantial IT services division — at least it did until today. <a target="_blank" href="

EMC CEO Tucci Maintains Deal With Dell Still On Track To Close Later This Year

EMC CEO Joe Tucci, responding to an analyst’s question on this morning’s earnings call about the status of the Dell deal, let it be known in no uncertain terms that the deal is going forwa

Pivotal Teams With Lean Startup Founder Eric Ries To Help Big Companies Get More Innovative

Pivotal, the company launched by EMC, VMware and GE to help companies in their quest for digital transformation, announced today that it was bringing in Eric Ries, the man behind the Lean Startup move

VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition

VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week. The move appears to be part

EMC Confirms Layoffs As Cost-Cutting Measures Begin Ahead Of Dell Acquisition

Some EMC employees got some harsh news this week as anticipated layoffs have begun at the Massachusetts company. A company spokesperson confirmed the news, but declined to offer a specific number

More Fodder For Dell-EMC Deal As Pivotal Buys UK-Based CloudCredo

The Dell-EMC deal has had so many moving pieces since it was announced in October, it’s hard to tell the players without a score card. This morning, Pivotal, which is jointly owned by EMC and VM

Dell Subsidiary SecureWorks Files To Go Public, Shows Ramping Losses

Today Dell subsidiary SecureWorks filed to go public, showing expanding revenue, and ramping losses. Dell, then a public company, acquired SecureWorks in 2011 for a reported $612 million. TechCrunch r

Plot Thickens In Dell-EMC Deal As VMware Announces It’s Walking Away From Virtustream Deal With EMC

Ah, nothing goes easy with that $67 billion Dell-EMC deal, does it? Today the plot thickened a bit more when VMware announced in a filing with the SEC that it was walking away from the agreement with

Dell-EMC Deal All Systems Go As ‘Go Shop’ Provision Expires

When EMC and Dell announced their $67 billion deal in October, there was an interesting provision in the agreement — language that allowed EMC to continue shopping for a better deal. This &#8216

Dell Could Be Shopping Some Assets To Help Relieve EMC Deal Debt Load

Since Dell announced its intention to buy EMC for $67 billion in October, there has been a lot of speculation about how the company was going to pay off the massive $40 billion debt it used to finance

Dell-EMC Deal Facing Issues On Multiple Fronts

When the news broke in early October that Dell was planning on buying EMC for a whopping $67 billion, more than a few jaws dropped (including mine), but in the weeks since, reports have surfaced abou
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