Dell is spinning out VMware in a deal expected to generate over $9B for the company
Post date: 2021-04-15 09:34:15
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Dell announced this afternoon that it’s spinning out VMware, a move that has been suspected for some time. Dell acquired VMware as part of the massive $58 billion EMC acquisition (announced as $67 billion) in 2015. The way that the deal works is that Dell plans to offer VMware shareholders a special dividend of between