8 Things You Need To Know About Dell Technologies' Potential IPO/VMware Merger


Email this CRN article

https://www.crn.com/sites/default/files/ckfinderimages/userfiles/images/crn/slideshows/2017/dell-bob-2017/6.jpg

Dell Is VMware's Chairman

It is vital to note that whether VMware does a reverse merger with Dell or if Dell acquires the remaining VMware share – Michael Dell is the current chairman of both Dell and VMware board of directors. Dell took the chairman seat from former EMC CEO and chairman Joseph Tucci in 2016 following the EMC acquisition.

Dell has aggressively pushed for tighter integration between Dell EMC and VMware. "We laid out a plan with VMware for revenue synergies that was announced to the world and we've been running much faster than that plan," Dell told CRN in December. "You can see this in the VMware results and in our results. The revenue synergies and the more we do with VMware, the better it gets. It's doing quite well. We definitely see that continuing next year. … VMware is doing extraordinarily well and so far this year, we're a couple billion dollars more than we planned for in revenue.



Email this CRN article