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Dell considering potential spin-off of VMware stake

Credit: REUTERS/BRENDAN MCDERMID

July 15, 2020 — 05:03 pm EDT

Written by Neha Malara for Reuters ->

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.

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