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Dell Technologies (DELL) will spin off its 80.6% stake in VMware (VMW), creating two publicly-traded companies and raising cash to pay down debt.
Shares in Dell Technologies (DELL) spiked 14% in pre-market trading on a report that the PC maker is mulling a spinoff of its roughly $50 billion stake in cloud computing software maker VMware Inc ...
On September 8, 2016, VMware announced the release of Workstation 12.5 and Fusion 8.5 as a free upgrade supporting Windows 10 and Windows Server 2016. [ 34 ] In April 2016, VMware president and COO Carl Eschenbach left VMware to join Sequoia Capital , and Martin Casado , VMware's general manager for its Networking and Security business, left to ...
When VMware was acquired by Dell, a reverse merge was in place so the latter would be back to the stock market as a public company. [11] In July 2020, Fisker, Inc announced plans to go public via a merger with Spartan Acquisition Corp (SPAQ), a "blank-check" company backed by Apollo Global Management. [12]
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ASAP Software Express [note 2] Information technology United States $ 340,000,000 [8] 8 December 20, 2007: Everdream Software United States — [9] 9 January 28, 2008: EqualLogic Storage area networks United States $ 1.4 × 10 ^ 9 [10] 10 February 21, 2008: The Networked Storage Company Information provider United Kingdom — [11] 11 April 24 ...
Paul Maritz became Pivotal's chief executive immediately after the spin-out. [5] Maritz had joined EMC in February 2008 when Pi Corporation, a company he co-founded, was acquired and was previously the CEO of VMware. [6] [7] The Greenplum Database (acquired by EMC in 2010) formed the basis of a division selling software for the big data market. [8]
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