CONFIRMED: Michel Dell really is thinking about going public again, maybe through a ‘merger’ with VMware’ (VMW)

Michael DellOracle PR/Flickr

  • VMware has confirmed the rumors from earlier this week that Michael Dell is thinking of taking his massive company, Dell Technologies.
  • VMware also confirmed that he’s is thinking of skipping the IPO process and going public in a reverse merger with VMware. 
  • Or he may do an IPO.
  • Or he may do nothing.

VMware on Friday confirmed the rumors that Michael Dell is considering taking his massive new company, Dell Technologies, public. It also said that Dell is not considering selling his company to an outside buyer.

VMware mentioned the possibility in an SEC filing. The filing said that Dell is considering a so-called reverse merger with VMware, a public company it mostly owns. But that it is also considering doing its own IPO, and it may do nothing at all.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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