- Dell Technologies on Friday confirmed that it is considering a series of options.
- Among its considerations is combining with VMware or making a public offering of Dell.
Dell Technologies confirmed Friday it was considering a number of options, which are combined with VMware or a Dell public offering.
CNBC reported earlier this week that Dell Technologies could emerge as a public company through a reverse merger with VMware, the $ 50 billion cloud computing company it already controls.
Dell did not provide details on how an agreement with VMware would be structured and reiterated in the statement that "nothing has been decided and alternatives are being considered at this stage".
VMware, which saw its headline rise by about 1% in pre-market trading in this news, issued its own press release on Friday morning, but did not drill down on details of a possible deal with Dell.
"Dell has been a great partner since becoming our majority owner, and we have accelerated our growth," VMware CEO Pat Gelsinger said in his release. "We look forward to Dell's continued support as we work to execute our growth plans in the coming years."
VMware was considered the jewel of the crown in 2015 when Dell acquired EMC for $ 67 billion. This gave Dell 80% of VMware, which was one of the first pioneers in a technology called virtualization. This process has allowed organizations to more efficiently manage large computers in their data centers by consolidating multiple "virtual" computers into a single hardware.
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