Dell Technologies lays out its hybrid cloud plan with a heavy dose of VMware Dell Technologies' crown jewel in its portfolio is VMware and the technology giant is now making it the glue that holds its portfolio of companies together. Dell Technologies' crown jewel in its portfolio is VMware and the technology giant is now making it the glue that holds its portfolio of companies together. At the launch of its Dell Techologies World conference in Las Vegas, the company outlined a hybrid cloud strategy that aims to knit its data center and hybrid cloud technologies with public cloud providers such as Amazon Web Services and IBM Cloud with more to come. The effort is dubbed the Dell Technologies Cloud. VMware is also launching VMware Cloud on Dell EMC, which will include vSphere, vSAN and NSX running on Dell EMC's infrastructure. In addition, Dell Technologies is launching a data center as a service effort where it manages infrastructure in a model that lines up with cloud computing … [Read more...] about Dell Technologies makes VMware linchpin of hybrid cloud, data center as a service, end user strategies
Dell acquired emc
(Reuters) - Computer maker Dell Technologies Inc is exploring a sale of SecureWorks Corp, a U.S. provider of cybersecurity services with a market value of close to $2 billion, people familiar with the matter said on Thursday. FILE PHOTO - A Dell gaming computer is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. REUTERS/ Mike Blake A sale of SecureWorks, in which Dell holds an 85 percent stake, would allow the latter to trim its $50 billion debt pile, after it decided to become a publicly traded company last year through a complex deal involving its software subsidiary VMware Inc. SecureWorks is working with investment bank Morgan Stanley on a sale process for the entire company that is in its early stages, the sources said, asking not to be identified because the matter is confidential. Dell and SecureWorks declined to comment, while Morgan Stanley did not respond to a request for comment. SecureWorks, based in … [Read more...] about Exclusive: Dell explores sale of cybersecurity company SecureWorks…
It’s 2019, and after a five-year stint as a private company, Dell Technologies has returned to the public markets. It’s a move that could have enormous implications for enterprise data storage. As a former Dell executive, I’ve closely followed the company’s recent journey from private to public, most recently writing in May about the implications of Dell’s then-rumored plans to go public via a reverse merger. Now that Dell has gone through with that plan, the company has both the means and incentive to fill gaps in its product portfolio through acquisition using its public stock as currency. As a result, the newly public Dell could heat up the enterprise storage M&A market, increasing prices and accelerating exits. Since it went private five years ago, Dell hasn’t exactly been idle when it comes to storage. After all, the company did acquire the largest data storage vendor in the world when it bought EMC in 2016. And by the numbers, Dell is still … [Read more...] about Newly public Dell could heat up the data storage M&A market
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Scott Kirsner Globe Correspondent November 30, 2018 Three years ago, Michael Dell bought the top technology company in Massachusetts, data storage giant EMC Corp., in what was the biggest acquisition ever in the tech industry. The combination formed the world’s largest privately-held technology company, with a significant nexus in Hopkinton — a company still run by one of the original entrepreneurs of the PC era.You might have assumed that Michael Dell would have pretty quickly become one of the highest-profile dudes on the Massachusetts business scene. Or at least the tech sector?Nope. Advertisement Dell has been a phantom presence here since the EMC acquisition was announced in October 2015. Has Tom Hopcroft, the CEO of the state’s biggest tech association, run into him? Nope. Perhaps Dell has dropped in on MIT’s entrepreneurship … [Read more...] about Where are you, Michael Dell?
(Reuters) — IBM said on Sunday it had agreed to acquire U.S. software company Red Hat for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services. The transaction is by far IBM’s biggest acquisition. It underscores IBM chief executive Ginni Rometty’s efforts to expand the company’s subscription-based software offerings, as it faces slowing software sales and waning demand for mainframe servers. “The acquisition of Red Hat is a game-changer … IBM will become the world’s No. 1 hybrid cloud provider, offering companies the only open cloud solution that will unlock the full value of the cloud for their businesses,” Rometty said in a statement. IBM, which has a market capitalization of $114 billion, will pay $190 per share in cash for Red Hat, a 62 percent premium to Friday’s closing share price. Founded in 1993, Red Hat specializes in Linux operating … [Read more...] about IBM acquires Red Hat for $34 billion