Dell gets shareholder approval for VMware deal
Will begin trading on the New York Stock Exchange on 28 December
Will begin trading on the New York Stock Exchange on 28 December
Dell Technologies has received shareholder approval to buy back shares tied to its interest in VMware, paving the way a return to the market.
“It’s got a nice ring to it," said Dell CEO, Michael Dell, when addressing key EMC customers and partners.
“Our teams are engaged in integration planning and all transaction-related work streams are on track.”
Tech giant comes out all guns blazing in an attempt to reassure staff that its well documented $US67 billion acquisition of EMC is on track.
As Dell moves closer to EMC, VMware backtracks on Virtustream Cloud business.
Dell World 2015 is underway in Austin, Texas - kicked off by Chairman and CEO Michael Dell talking about the future of the tech giant.
New technology powerhouse joins industry heavyweights HP, IBM, Microsoft, Oracle, and SAP.
“The combination of Dell and EMC creates an enterprise solutions powerhouse..."
Dell will invest in additional acquisitions and remain committed to its struggling PC business once a $US24.9 billion deal to go private is complete, according to company officials.
Dell will pay US$100 million to resolve an investigation by the US Securities and Exchange Commission into the company's past accounting and financial reporting practices, it said Thursday.
Computer maker Dell has proposed a settlement in a long-term investigation by the U.S. Securities and Exchange Commission into the company's accounting and financial reporting practices, the company said Friday.