US Markets

Dell considering potential spin-off of VMware stake

Credit: REUTERS/BRENDAN MCDERMID

Dell Technologies Inc is exploring a potential spin-off of its majority stake in VMware, the PC maker said on Wednesday.

July 15 (Reuters) - Dell Technologies Inc DELL.N is exploring a potential spin-off of its majority stake in VMware VMW.N, the PC maker said on Wednesday.

The company said the exploration was in an early stage and any spin-off would not occur before September 2021.

(Reporting by Neha Malara; Editing by Aditya Soni)

((neha.malara@thomsonreuters.com))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

DELL VMW

Latest US Markets Videos

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More