June 24 - 08:06
Dell considering spinning off $50 billion VMware stake
Dell is considering spinning off its $50 billion stake in VMware as it looks to bolster the its share value, according to the Wall Street Journal. Citing people close to the matter, the report said Dell is also examining the possibility of buying the rest of the software organisation that it owns a majority stake in. Spinning off VMware could increase the value of both companies, Dell believes.
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