VMware Archives - CFO

Dell Spins Off VMware

Credit & Capital

Dell Spins Off VMware

The computer company will shed its 81% stake in VMware, creating an independent software company with a stock market value of $64 billion.

By Lauren Muskett | November 1, 2021

VMware Buys App Developer, Security Vendor

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.

By Matthew Heller | August 26, 2019

Dell Sweetens Tracking Stock Buyback by $2B

Corporate Finance

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.

By Matthew Heller | November 15, 2018

Icahn Seeks Records on Dell, VMware Stock Deal

Risk & Compliance

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.

By Matthew Heller | November 1, 2018

Dell, VMware Deal to Create New Public Stock

Corporate Finance

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.

By Matthew Heller | July 2, 2018

VMware’s Cloud Offerings Drive Earnings Beat

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."

By Matthew Heller | December 1, 2017

VMware Revenue Jumps 12%, Beats Estimates

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.

By Matthew Heller | August 25, 2017

Email Security Firm ‘Matches Wits with Bad Guys’

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.

By David McCann | June 20, 2017

EMC Misses Q1 Estimates But Dell Deal on Track

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.

By Katie Kuehner-Hebert | April 20, 2016

VMware Cuts 800 Jobs As Merger Doubts Linger

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.

By Matthew Heller | January 28, 2016

Dell Might Buy Back $3B of Tracking Stock

Dell Might Buy Back $3B of Tracking Stock

But it also needs cash to delever the company after the $67 billion acquisition of EMC.

By Katie Kuehner-Hebert | December 15, 2015

VMware Posts Higher Profit, But Bookings Weak

VMware Posts Higher Profit, But Bookings Weak

VMware shares were pummeled after a mixed earnings report and the announcement of a new joint venture.

By Katie Kuehner-Hebert | October 21, 2015

Dell Offers to Buy EMC for $67B

Dell Offers to Buy EMC for $67B

Dell would pay $24.05 per share in cash and would also give EMC shareholders a special stock that tracks EMC's economic interest in VMware.

By Katie Kuehner-Hebert | October 12, 2015

A CFO’s Past Shapes His Present

A CFO’s Past Shapes His Present

Mark Peek tells how his prior jobs shaped what he does today as finance chief at enterprise software maker Workday.

By David McCann | January 14, 2014

Six Tips for Avoiding M&A Failure

Six Tips for Avoiding M&A Failure

Finance chiefs must ask tough questions, understand the seller's motivation, and trust their guts, says a veteran deal-making CFO.

By Vincent Ryan | October 8, 2013