Dell-EMC Deal
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Michael Dell reveals new branding scheme for the Dell-EMC conglomeration
Michael Dell today revealed the new names, and yes we are talking multiple names, for the artist formerly known as the Dell-EMC deal. EMC will be deprecated for the main branding Dell Technologies, but will live on for the enterprise brand Dell EMC while the client services business will be called Dell, Inc. according to multiple reports. Confused? I’m sure you’re not… Read More
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Rumors swirl EMC wants to dump Documentum ahead of Dell acquisition
Rumors are flying today that to nobody’s surprise, EMC and by extension its new sugar Daddy Dell are looking to dump dowdy Documentum, the company’s enterprise content management product. It’s worth noting up front that in email to EMC asking for a comment on the story, a spokesperson had this to say: “Not commenting on speculation.” You can’t get much… Read More
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NTT to buy Dell’s services division for $3.05 billion
You may know Dell as a computer and server maker, but Dell also operates a substantial IT services division — at least it did until today. NTT Data, the IT services company of NTT, is acquiring Dell Systems for $3.05 billion.
The main reason why Dell sold off its division is that the company needs cash, and quickly. When Dell acquired EMC for $67 Read More
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EMC CEO Tucci Maintains Deal With Dell Still On Track To Close Later This Year
EMC CEO Joe Tucci, responding to an analyst’s question on this morning’s earnings call about the status of the Dell deal, let it be known in no uncertain terms that the deal is going forward as planned. Responding to a question (which starts at around the 39 minute mark) from Maynard Um of Wells Fargo, Tucci admitted that there has been a lot of noise about possible pitfalls in… Read More
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Pivotal Teams With Lean Startup Founder Eric Ries To Help Big Companies Get More Innovative
Pivotal, the company launched by EMC, VMware and GE to help companies in their quest for digital transformation, announced today that it was bringing in Eric Ries, the man behind the Lean Startup movement, as entrepreneur-in-residence. Ries’ methodology, which he defined in a 2011 book by the same name, has received praise from a who’s who of technology folks from Geoffrey Moore to… Read More
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VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition
VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week. The move appears to be part of the ongoing dance among EMC federated companies prior to the Dell acquisition expected to go through later this year. Dell announced it was buying EMC in October for $67 billion. EMC owns… Read More
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More Fodder For Dell-EMC Deal As Pivotal Buys UK-Based CloudCredo
The Dell-EMC deal has had so many moving pieces since it was announced in October, it’s hard to tell the players without a score card. This morning, Pivotal, which is jointly owned by EMC and VMware (and General Electric) announced it was buying CloudCredo, a Cloud Foundry service provider based in the UK. The deal also includes stayUp, a log analysis company partly owned by… Read More
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Plot Thickens In Dell-EMC Deal As VMware Announces It’s Walking Away From Virtustream Deal With EMC
Ah, nothing goes easy with that $67 billion Dell-EMC deal, does it? Today the plot thickened a bit more when VMware announced in a filing with the SEC that it was walking away from the agreement with EMC to form Virtustream as a jointly owned company. Re/code first reported this news. This whole deal has from the start been a fairly complex tale, and like the movie Groundhog Day, one we… Read More
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Dell-EMC Deal All Systems Go As ‘Go Shop’ Provision Expires
When EMC and Dell announced their $67 billion deal in October, there was an interesting provision in the agreement — language that allowed EMC to continue shopping for a better deal. This ‘Go Shop’ clause expired last night.
The likelihood that anyone was ever going to step up and give EMC more than the $67 billion it negotiated with Dell was always remote at best, and the… Read More
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Dell Could Be Shopping Some Assets To Help Relieve EMC Deal Debt Load
Since Dell announced its intention to buy EMC for $67 billion in October, there has been a lot of speculation about how the company was going to pay off the massive $40 billion debt it used to finance the deal. I wrote about some of the EMC assets Dell might consider selling to help offset the huge obligation. Other rumors have had the company selling off its PC business to HP, but it turns… Read More
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