Wednesday 24 June 2020

Dell's debt hangover from $67B EMC deal could put VMware stock in play

Dell's debt hangover from $67B EMC deal could put VMware stock in playWhen Dell bought EMC in 2016 for $67 billion it was one of the biggest acquisitions in tech history, and it brought with it a boatload of debt. Since then Dell has been working on ways to mitigate that debt by selling off various pieces of the corporate empire and going public again, but one of its most valuable assets remains VMware, a company that came over as part of the huge EMC deal. The Wall Street Journal reported yesterday that Dell is considering selling part of its stake in VMware.




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