425-821-4945
425-821-4945

Dell spins off its 81% stake in VMware, creating a $64B independent software company; Dell’s remaining hardware operations have an implied value of $33B (Richard Waters/Financial Times)

Richard Waters / Financial Times:
Dell spins off its 81% stake in VMware, creating a $64B independent software company; Dell’s remaining hardware operations have an implied value of $33B  —  Share sale completes eight-year saga that will unwind part of the 2018 deal for server and storage company EMC