The start of 2016, brings the start of layoffs. In my first post of the year, one of the stories from 2015 that has secured my interest to keep an eye on in 2016 is the Dell $67 billion dollar merger or acquisition of EMC and there has been some chatter that EMC, VMware and Dell have been struggling to get the merger across the goal line. I have heard of a couple different reasons for the cause of this struggle. One of the reasons I have heard was the extra funding that would be needed to cover the $10 billion or more in capital gains taxes that Dell would need to cover. These taxes were originally going to be covered by a tracking stock. This tracking stock was structured under a very fundamental provision of the U.S. tax code and was designed to represent the holdings of Dell as the parent company.
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Rumors Are Afoot: Is the Dell/EMC Merger Starting to Unravel?
It has been an interesting time to be living in the IT world. The ripples and ructions caused by the Dell/EMC merger have quashed almost every other conversation. This is the biggest take-private merger transaction for a tech company ever, dwarfed only by the $106 billion Time Warner/AOL deal in 2006.
News: VMware and EMC Spin Out Virtustream into a New-ish Company
The announcements keep coming thick and fast from the behemoth that is EMC Federation, the seven-headed hydra beast. In a not too unexpected announcement, VMware is to pseudo–spin out its vCloud Air division and move it into Virtustream, the latest Federation member, which EMC bought earlier this year for $1.2 billion.
Dell Acquires EMC
Dell acquires EMC. It has been no secret that EMC has been under some pressure from Elliott Management Corp., one of EMC’s investors, to do something to raise share prices and rumors and speculation about what might be coming has been a topic of many different post and articles over the last year or so but now it has been confirmed that the deal is done. This deal will close in 2016 and EMC’s Chief Executive Officer, Joe Tucci will finally get his opportunity to retire. For all practical purposes, this has been is the making for quite a while and there was some speculation that some kind of announcement needed to happen by the earnings report.
Dell + (EMC + VMware) = ?
Wall Street has had a massive few days covering the Dell/EMC news. From a financial standpoint, any company that pays $67 billion to acquire another company is certainly major news, but from a technical standpoint, what exactly does this mean for the virtualization industry?
Dell and EMC: A Marriage Made in Heaven or a Match Made in Hell?
Over the last couple of days there has been an ever-increasing rumble that Dell is going to make an offer for EMC. But how is this any different from the much-rumbled-about HP/EMC merger of last year?