Dell-EMC Deal

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

Pivotal IPO Could Make Dell-EMC Deal Even More Complicated

Even while the Dell-EMC deal seemingly moves forward, there is still plenty of maneuvering going on at EMC. A couple of weeks ago VMware announced it was creating a new company called Virtustrea

Is Dell-EMC The Canary In The Coal Mine For More Enterprise M&A?

When Dell announced it was buying EMC earlier this month for $67 billion, it would have been easy to see the deal in isolation, but what if it were the first of many such deals? Could Oracle, for exa

EMC And VMware Spin Out Virtustream As Jointly Owned Company

In a surprise move today at its earnings call, VMware announced that together with EMC, it was forming a jointly-owned company under the name of Virtustream, which is the company EMC bought last sprin

Dell Needs To Decide What To Keep And What To Sell After EMC Deal

In the brave new enterprise world, organizations will be awash in big data, and it’s against this backdrop that Dell bought EMC this week for the astonishing sum of $67 billion. All of this data

VMware Reports Q3 Sales Of $1.67B, Stock Drops After Dell Offers $67B For EMC

Alongside the not-unexpected news that Dell would acquire EMC in a record $67.1 billion deal, EMC-controlled VMware released an early look at its Q3 results: The virtualization giant said it ex

Dell Buys EMC For $67B In Largest Deal In Tech History

In  the largest tech deal in history by far*, Dell and partners MSD Partners and Silver Lake agreed to buy EMC today for $67 billion or $33.15 a share. This is way over the $27 price being rumored l

EMC-Dell Rumors Could Be About Storage Giant Exiting On Its Own Terms

Rumors that Dell is going to buy Massachusetts-based storage giant EMC, first reported yesterday in the Wall Street Journal, have been flying fast and furiously. The deal could be valued as high as $