Dell spinning off VMware stake to raise nearly $10bn

Apr 15, 2021
image for Dell spinning off VMware stake to raise nearly $10bn
Last year, it was reported that Dell Technologies was considering a spinoff for its roughly $50 billion stake in cloud specialist VMWare, with the PC maker hoping that such a move would boost the value of its shares. At the time, the company was reportedly exploring all of its options, including buying the remainder of the cloud software giant&rsquo…

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