Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC NetApp Digital Newsroom WatchGuard Digital Newsroom Cisco Partner Summit Digital 2020 HPE Zone The Business Continuity Center Enterprise Tech Provider Masergy Zenith Partner Program Newsroom Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom Intel Partner Connect 2021 Avaya Newsroom Experiences That Matter The IoT Integrator NetApp Data Fabric Intel Tech Provider Zone

4 IT Companies Where Investor Carl Icahn Is Stirring The Pot

Suing Dell Technologies, forcing Xerox to cancel its merger with Fujifilm—those are just two of the four technology companies that activist investor Carl Icahn is trying to reshape.

Back 1   2   3   ... 5 Next
photo

VMware CEO Pat Gelsinger

Invests Hundreds Of Millions In VMware

Earlier this year, Icahn bought a sizable stake in virtualization leader VMware, which is majority-owned by Dell Technologies, to the tune of approximately 2.27 million shares. Icahn told CNBC in May that he invested hundreds of millions in VMware but wished he had captured more stake in the software company.

"I wish I had a bigger position than I have, but it's a sizable position," said Ichan. "It's in the hundreds of millions of dollars, but it could be more but the stock just got away from me."

The move to buy millions of shares in VMware and the DVMT tracking stock suggests he has hopes on a potential deal between Dell and VMware, just not on the current proposal bid. Dell confirmed it has met with investment banks to explore the option of a traditional IPO if shareholders reject its bid to go public through the stock swap with VMware. VMware currently has a market capitalization of $58.12 billion.

 
 
Back 1   2   3   ... 5 Next

sponsored resources