Dell Technologies confirms VMware spin-off plans
After weeks of speculation, Dell Technologies has confirmed that it is considering spinning off roughly 81 per cent of its equity ownership interest in VMware.
After weeks of speculation, Dell Technologies has confirmed that it is considering spinning off roughly 81 per cent of its equity ownership interest in VMware.
Dell Technologies global channel chief Joyce Mullen has stepped down from the role, leaving a vacancy open to lead the multi-billion dollar business.
COVID-19 played a significant role in the IT infrastructure market during the first quarter of 2020, causing sales revenue of cloud infrastructure to grow slightly and non-cloud infrastructure to fall by double digits.
Dell Technologies is considering spinning off its roughly US$50 billion stake in VMware, according to a report in the Wall Street Journal.
Dell Technologies has doubled down on its Google Cloud relationship to bridge the duo’s file storage systems.
Aiming to help customers handle growing on-premises workloads, VMware and Dell EMC have bolstered co-developed cloud software offerings.
Dell Technologies has made US$9 billion financing available for customers this year, with some products and solutions attracting a zero per cent interest rate, in a bid to keep projects going amid the coronavirus pandemic.
Dell Technologies has stepped up efforts to help partners overcome rising challenges related to Covid-19 through an “immediate relief” package.
Worldwide spending on cloud IT infrastructure grew in the fourth quarter of 2019 and the year overall, recording 12.4 per cent year-over-year for the quarter and 2.1 per cent year-over-year for 2019.
Dell Technologies and HPE remain locked together at the top of the worldwide server market following a “mixed bag” fourth quarter of 2019.
Dell Technologies World 2020 will run as a virtual event in response to rising coronavirus concerns across local, regional and global markets.
Dell declined to factor in the coronavirus into its upcoming earnings guidance, but said that CPU shortages still haven't totally alleviated.
Dell Technologies will be selling its cyber security unit, RSA for U.S.$2.08 billion to a consortium headed by Symphony Technology Group, Ontario Teachers Pension Plan Board and AlpInvest Partners.
Dell Technologies is doubling down on rewards for partners selling hyperconverged infrastructure in its latest partner program refresh.
Dell Technologies and HPE remain locked at the top of a declining global server market, despite demand for enterprise compute “near historic highs”.