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6 Reasons Why A Dell-VMware Spin-off Is Likely To Happen

CRN breaks down the six reasons why Dell Technologies could potentially spin off its 81 percent stake in VMware after reviewing recent SEC filings from both companies.

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VMware Says Spin-off Is ‘Value-Enhancing’; Special Committee Already Formed

In filing with the U.S. Securities and Exchange Commission on July 15, VMware said the proposal will likely enhance the company’s market value.

“Although the process is only at an exploratory stage, VMware believes that a spin-off may be value-enhancing to VMware and its stockholders and could result in a simpler capital structure and a broader stockholder base, provide greater strategic flexibility and address certain governance arrangements, while still maintaining a mutually beneficial strategic and commercial partnership with Dell, which includes supporting our numerous joint customers,” said VMware in a 8-K filing with the SEC.

VMware has also been keen to get the ball rolling.

According to the filing, VMware has already formed a special committee of the board of directors to evaluate and engage in negotiations with Dell regarding all proposals being made by Dell in regard to the spin-off.

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