Tag Archives: emc

Dell: Keeping VMware ‘Important’ To EMC Deal Success

The unusual step of creating a tracking stock for VMware (VMW) to help finance its merger with EMC (EMC) was necessary for Dell to retain control over what is considered a critical element of the deal, Dell officials said Thursday. Dell had been mum on the reasons for the transaction that has taken a large bite out VMware shares since the deal — criticized roundly by some analysts as depriving shareholders of the value that would be created with

Investors Struggle To Grasp ‘Stupid’ Deal For VMware

Shares of both EMC (EMC) and VMware (VMW) dropped Tuesday as investors and Wall Street struggled to understand the complexities of the deal in which privately held tech giant Dell would swallow up the two enterprise computing companies. After a fall of 8.1% Monday, when Dell announced its pending acquisition of VMware majority owner EMC, VMware stock was down another 4% in afternoon trading on the stock market today, putting it at a more than

VMware Falls Hard As Investors Digest EMC-Dell Deal

VMware (VMW) stock fell hard Monday as investors fretted over the prospect of more than half the software maker’s shares being back on the open market as a consequence of majority owner EMC’s (EMC) sale to privately held computer giant Dell. VMware stock was down 10% in afternoon trading in the stock market today, at a 26-month low near 71. Under the terms of Dell’s agreement to acquire EMC in a $67 billion deal, rumored last week and formally