VMware Buys App Developer, Security Vendor
The software firm agreed to pay a combined $4.8 billion for Pivotal and Carbon Black as it continues its recent shopping spree.
Dell Sweetens Tracking Stock Buyback by $2B
The company's new offer to buy back its Class V shares still falls short of activist investor Carl Icahn's valuation of its VMware subsidiary.
Icahn Seeks Records on Dell, VMware Stock Deal
The activist investor says Dell has refused to disclose "much basic information" about its plan to go public by buying back the VMware tracking stock.
Dell, VMware Deal to Create New Public Stock
The tech giant will simplify its capital structure by exchanging the VMWare tracking stock for publicly-listed Dell shares.
VMware’s Cloud Offerings Drive Earnings Beat
Licensing revenue jumped 13.6% to $785 million, topping estimates of $772.9 million, while the legacy on-premises business grew in the "low single digits."
VMware Revenue Jumps 12%, Beats Estimates
The Q2 results "were driven by broad-based strength across the product portfolio in all three geographies," the company's CEO says.
Email Security Firm ‘Matches Wits with Bad Guys’
Proofpoint, aiming to double in size within three years, leverages innovation and luck on the way there, its finance chief says.
EMC Misses Q1 Estimates But Dell Deal on Track
"We expect the transaction to happen on the original terms and within the originally announced timeframe,” says EMC's chief executive.
CFOs on the Move: Week Ending Jan. 29
VMware, Juniper Networks, WSFS, Stryker, Adaptive Insights, Nasdaq, Visteon, SevOne, Ryerson, Phoenix Cos., Johnny Rockets, MSCI, Land's End
VMware Cuts 800 Jobs As Merger Doubts Linger
The data center software provider is following the lead of parent company EMC, which is house cleaning ahead of its acquisition by Dell.
Dell Might Buy Back $3B of Tracking Stock
But it also needs cash to delever the company after the $67 billion acquisition of EMC.