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Paul Gillin / SiliconANGLE:
Dell reports Q4 revenues of $20.1B, up 58% YoY, driven by EMC as PC and server growth flatten, and paid down $7B debt in last six months   —  Dell Technologies Inc. said it's growing market share in all of its key markets as synergies between its new EMC subsidiary and other federated companies kick in.
Mar 30, 2017, 8:55 PMIn context
Tiernan Ray / Tech Trader Daily:
Pure Storage to pay Dell $30M as part of settlement to end three-year EMC patent litigation   —  Shares of storage equipment pioneer Pure Storage (PSTG) are up 33 cents, or 2.7%, at $12.56, after the company this morning announced that it settled all outstanding litigation with EMC, now a part of privately held Dell.
Oct 19, 2016, 10:25 PMIn context
Bloomberg:
Sources: Dell Technologies will cut 2K-3K jobs after acquiring EMC, mostly in the US; post-acquisition company has 140K employees   —  Company will trim positions in supply chain, admin, marketing  —  Dell acquired EMC in largest technology deal this week  —  Dell Technologies will cut 2,000 …
Sep 8, 2016, 3:45 PMIn context
Rachael King / Wall Street Journal:
Dell completes its $60B acquisition of EMC, the largest tech M&A deal ever; the combined company, now named Dell Technologies, has 140K employees   —  'We feel very well positioned both in the new areas of technology and in the existing areas of technology,' says CEO Michael Dell
Sep 7, 2016, 11:20 AMIn context
Stephanie Condon / ZDNet:
Michael Dell reveals new name for post-merger Dell-EMC to be Dell Technologies, client services business will be branded Dell and enterprise biz Dell EMC   —  Michael Dell reveals new name for Dell-EMC  —  After Dell completes is acquisition of EMC, the merged company will be called Dell Technologies …
May 2, 2016, 3:50 PMIn context
Joshua Jamerson / Wall Street Journal:
Dell's SecureWorks could raise up to $180M in IPO, which could value the firm at as much as $1.5B   —  Dell's SecureWorks Could Raise $180 Million in IPO  —  Closing a financing gap in the Dell-EMC tie-up  —  SecureWorks, the cybersecurity arm of Dell Inc., on Monday put a price range …
Apr 11, 2016, 12:45 PMIn context
Arik Hesseldahl / Re/code:
Shake-Up at VMware as COO Eschenbach Leaves for Sequoia Capital   —  Carl Eschenbach, the COO and No. 2 at VMware, the software company controlled by EMC, is stepping down to join the venture capital firm Sequoia Capital, the latest executive shake-up ahead of EMC's effective acquisition by Dell later this year.
Mar 1, 2016, 11:50 AMIn context
Tiernan Ray / Tech Trader Daily:
VMware beats slightly with $1.87B in revenue, up 10% YoY, confirms layoffs of 800, and appoints new CFO Zane Rowe from EMC   —  VMware Q4 Beats; Will Cut 800 Jobs; Appoints EMC CFO  —  Virtualization software pioneers VMware (VMW), which is in the process of being acquired …
Jan 26, 2016, 5:10 PMIn context
Barb Darrow / Fortune:
Sources: VMware to lay off up to 900 people next week as EMC, VMware, Dell continue work on merger   —  VMware Insiders Brace for Big Cuts  —  As EMC, VMware, and Dell struggle to pull their $67 billion merger across the goal line, look for big cuts to come at VMware.
Jan 22, 2016, 4:40 PMIn context
Arik Hesseldahl / Re/code:
Sources: Dell is looking to sell Perot Systems for more than $5B to raise cash for EMC deal   —  Dell Looks to Sell Perot Systems for More Than $5 Billion to Raise Cash for EMC Deal  —  Dell is looking to sell Perot Systems, a key piece of its technology outsourcing business, for more than $5 billion, sources tell Re/code.
Dec 14, 2015, 12:00 PMIn context

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