Dell might sell itself to VMWare in a massive deal
Jan 29, 2018, 22:07 IST
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Dell is weighing a sale of its business to VMware, a massive and unusual deal that would allow Dell to go public by essentially selling itself to a company that it owns, according to CNBC.
Shares of VMware were down 8% on the report, which cited anonymous sources and noted that Dell is also considering other strategic options.
Dell owns 80% of VMware, a publicly traded software virtualization company that Dell acquired when it purchased EMC for $67 billion in 2015.
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