Search
Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events Acronis #CyberFit Summit 2021 Avaya Newsroom Experiences That Matter Cisco Partner Summit Digital 2020 Intel Partner Connect 2021

VMware’s Spin-Off From Dell Is Nearing: 8 Huge Things To Know

From VMware’s $11.5 billion special dividend payout to Dell and M&A ahead, to how shareholders and Dell will benefit, here are eight big things you need to know about Dell Technologies’ spin-off of VMware set to be complete Nov. 1.

1   2   3   ... 9 Next

The Dell-VMware Spin-Off Is Finally Here

VMware is set to become an independent company for the first time since 2004 with next week’s spin-off from Dell Technologies, paving a new chapter for the virtualization and hybrid cloud software superstar.

Round Rock, Texas-based Dell will sell off its 81 percent majority stake in VMware in a move to improve its capital structure and attract new investors as its Client Solutions Group—which includes PCs, laptops, monitors and notebooks—is hotter than it’s ever been in the company’s long history.

First unveiled to the world in July 2020, Dell’s spin-off of VMware is set to be completed next week on Nov. 1.

The stock transactions and shareholder payouts portion of the deal are set to be finalized on Friday, Oct. 29, according to recent Dell and VMware filings with the U.S Securities and Exchange Commission.

From VMware’s $11.5 billion special dividend payout to Dell and its M&A strategy as an independent company, to how shareholders and Dell will benefit from the deal, CRN breaks down eight big things to know about this blockbuster IT deal.

 

 
 
1   2   3   ... 9 Next

sponsored resources