Dell considering spinning off VMware stake: WSJ
Reuters
Published Jun 23, 2020 04:32PM ET
(Reuters) - Dell Technologies Inc (N:DELL) is considering spinning off its roughly $50 billion stake in cloud computing software maker VMware Inc (N:VMW), the Wall Street Journal reported on Tuesday.
Dell is also exploring taking other steps that could include buying the rest of VMWare, the Journal reported https://www.wsj.com/articles/dell-explores-options-for-81-vmware-stake-11592942687?mod=searchresults&page=1&pos=1, citing people familiar with the matter.
Dell, which is the controlling stakeholder of VMware, did not immediately respond to a Reuters request for comment.
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Written By: Reuters
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