You are here

Dell considering sale to VMware in reverse merger

In what would be biggest tech deal ever, CEO Michael Dell aims to pay down debt and consolidate power

The billionaire founder of Dell Inc currently owns 80 per cent of VMware, after Dell acquired its parent EMC Corp in 2015. With the new deal, Mr Dell is better able to manage a massive debt load.

New York 

AFTER years of creative corporate structures and financial manoeuvring, Michael Dell is finally ready to bring all the pieces of his technology empire under one, publicly traded roof.

Dell Technologies Inc is considering a sale to VMware Inc in a reverse merger, CNBC said...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to