Dell Inc

Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go.

Broadcom is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned.

Tablets registered a growth of 55.2 percent with shipments totalling 39.9 million units, while Chromebooks grew by 357.1 percent with 13 million units shipped in Q1 2021, International Data Corporation (IDC) said in a report. Samsung and Lenovo registered growth in both tablets and Chromebook shipments.

Carl Icahn called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders". Dell said in July it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc, returning it to the stock market without an initial public offering...

The Taiwanese firm is also in discussions with Google, Microsoft Corp and Cisco Systems Inc about their participation in the bid.

Dell Inc on Wednesday said it completed its $67-billion deal to acquire EMC Corp, creating the world's largest privately-controlled technology company.

Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said.

Buyout firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management Corp are in advanced talks to acquire Dell Inc's software division for more than $2 billion, three people familiar with the matter said.

Dell Inc's cyber security unit SecureWorks Corp raised $112 million in the first US initial public offering of a technology company in 2016, less than it had hoped for, amid investor scepticism over its profit margins and prospects.

Dell Inc's cyber security unit, SecureWorks Corp, could be valued at up to $1.42 billion in its initial public offering, the first major US listing of a technology company this year.

Japan's NTT Data Corp said on Monday it has agreed to buy Dell Inc's information technology consulting division for over dollar 3 billion to expand in North America and bolster its services business.

Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan's NTT Data Corp for $3.5 billion, people familiar with the matter said on Sunday.

India's biggest outsourcer TCS has restarted talks with Dell to acquire Perot Systems, an IT management business of Dell Inc, the Economic Times newspaper reported, citing sources.

Dell Inc is preparing to sell around $10 billion in non-core assets, including software and services, to reduce the heavy debt load it will be taking on to buy EMC Corp, according to people familiar with the matter.

EMC Corp said it would pay Dell Inc up to $2.5 billion in termination fees if the data-storage company accepts a "superior proposal".

Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go.

Broadcom is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned.

Tablets registered a growth of 55.2 percent with shipments totalling 39.9 million units, while Chromebooks grew by 357.1 percent with 13 million units shipped in Q1 2021, International Data Corporation (IDC) said in a report. Samsung and Lenovo registered growth in both tablets and Chromebook shipments.

Carl Icahn called the proposed deal a "conflicted transaction that benefits the controlling stockholders, at the expense of the DVMT stockholders". Dell said in July it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc, returning it to the stock market without an initial public offering...

The Taiwanese firm is also in discussions with Google, Microsoft Corp and Cisco Systems Inc about their participation in the bid.

Dell Inc on Wednesday said it completed its $67-billion deal to acquire EMC Corp, creating the world's largest privately-controlled technology company.

Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said.

Buyout firm Francisco Partners and the private equity arm of activist hedge fund Elliott Management Corp are in advanced talks to acquire Dell Inc's software division for more than $2 billion, three people familiar with the matter said.

Dell Inc's cyber security unit SecureWorks Corp raised $112 million in the first US initial public offering of a technology company in 2016, less than it had hoped for, amid investor scepticism over its profit margins and prospects.

Dell Inc's cyber security unit, SecureWorks Corp, could be valued at up to $1.42 billion in its initial public offering, the first major US listing of a technology company this year.

Japan's NTT Data Corp said on Monday it has agreed to buy Dell Inc's information technology consulting division for over dollar 3 billion to expand in North America and bolster its services business.

Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan's NTT Data Corp for $3.5 billion, people familiar with the matter said on Sunday.

India's biggest outsourcer TCS has restarted talks with Dell to acquire Perot Systems, an IT management business of Dell Inc, the Economic Times newspaper reported, citing sources.

Dell Inc is preparing to sell around $10 billion in non-core assets, including software and services, to reduce the heavy debt load it will be taking on to buy EMC Corp, according to people familiar with the matter.

EMC Corp said it would pay Dell Inc up to $2.5 billion in termination fees if the data-storage company accepts a "superior proposal".