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5 Things Dell Partners Need To Know About Dell Going Public

"Dell Technologies is focused on making it easier for partners and customers to transact across the entire family of businesses," said top Dell executives Marius Haas and Bill Scannell, in a Securities and Exchange Commission filing.

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'It Is The Right Time'

Haas and Scannell said there are a few key reasons why "it is the right time" to bring the full Dell Technologies portfolio to the public market, including the recent repositioning of its product offerings. Additionally, the two executives said Dell's robust financial model with attractive growth and cash flow, as well as a strong balance sheet and financially flexibility, makes it the right time to go public.

"Dell Technologies has taken a long-term approach to the benefit of our customers and other partners. We have been a public company as long as the tracking stock has been outstanding," said Haas and Scannell. "Do not be distracted by this news – use it as an opportunity to reinforce our strength and why we are the partner of choice for IT infrastructure."

Upcoming milestones to go public include a proxy filing over the next few weeks and a stockholder vote of tracking minority stockholders sometime in late summer or early fall.

 
 
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