Tag Archives: vmw

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

EMC, General Electric, Wells Fargo Near Big Deals

Dell will offer EMC (EMC) more than $30 a share, including tracking stock in VMware (VMW), about 80% owned by EMC, according to several reports. Meanwhile, General Electric (GE) is near a deal to sell $30 billion in loans to Wells Fargo (WFC), as GE racing ahead with efforts to cut $200 billion in GE Capital assets. Finally, Twitter (TWTR) reportedly is mulling layoffs as the first big order of business for CEO Jack Dorsey. Dell To EMC: Cash, Plus