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5 Things To Know About The New Public Dell And Dell's Stock

Here are five things customers and partners need to know about the new public Dell Technologies after the company hit the New York Stock Exchange on Dec. 28, 2018.

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New Dell Will Spur More VMware Integration

Dell Technologies CFO Tom Sweet told CRN that Dell EMC and VMware will have tighter technology ties than ever before in 2019. Sweet, executive vice president and CFO of Dell Technologies, said the new public company will have a simplified capital structure that will open the door for tighter and faster integrations between the two companies.

"You look at the number of solution workstreams that we have going right now with VMware -- whether it's around hyper-converged infrastructure or Workspace ONE in our client space or around what we're doing with vSAN and vSAN Ready Nodes – so across the spectrum, you're going to see us accelerate a number of these integrated solutions. We're optimistic and excited about it," said Sweet.

Round Rock, Texas-based Dell owns 81 percent of VMware through its 2016 acquisition of EMC for $67 billion. However, VMware remains an independent company under the Dell Technologies umbrella. Dell leveraged its VMware relationship to go public through a VMware tracking stop swap rather than going the traditional IPO route to the public market.

 

 

 

 
 
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