Dell sold himself in a strange deal, returning to a public company

CNBC reports that Dell is considering selling itself to VMware, a big deal and very strange to sell itself to the company that it owns to bring Dell back into a public company.

Reports from an anonymous source show that VMware's stock has fallen 9% and that Dell is considering other strategic options.

VMware is a public company that sells virtualization software in which Dell owns 80% of the shares. Previously Dell bought VMware when buying EMC for $ 67 billion in 2015.

CNBC does not offer a specific price that VMware has to pay, but theoretically it must be higher than the previous $ 67 billion EMC deal, which has been the biggest technology acquisition ever.

Cat is back to cat

The deal with VMware will mark a perfect circle for Dell because it previously merged with private company Silver Lake to become a private company amid a sharp decline in PC business. Since then, Dell has shifted its business, no longer focusing on selling computers, but switching to providing back-end software and data center services with businesses.

Dell sold himself in a strange deal, returning to a public company Picture 1
Mr. Michael Dell - founder of Dell

Michael Dell, the founder of Dell as a student by selling PCs, said that the decision to return to a private company was 'great' and prevented them from worrying when trying to achieve good results in the world. Wall Street business.

After 4 years, Silver Lake may be looking to make money from its investment in Dell when it becomes a private company. According to CNBC, Dell and Silver Lake will receive shares from VMware in the deal, which can then be sold in the mass market.

The Dell representative declined to comment when asked. VMware still has no feedback.

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