From the time #Dell executives announced in October 2015 the company's $67 billion bid to buy storage vendor #EMC, a lot of attention was paid to how the deal would impact the future of #VMware, the key company in EMC's federated business model.
There was worry that Dell would throttle VMware's independence or raid its cash reserves to help pay down its post-acquisition debt, which could amount to as much as $50 billion. Such worries helped drive down VMware's stock price in the weeks following the announcement, and that was followed by reports in May that VMware CEO Pat Gelsinger was planning to leave the company once the deal went through. Executives with all three companies—including Gelsinger himself—quickly denied the reports.
In recent weeks, Gelsinger has been vocal about the Dell-EMC deal, which he said will have a positive impact on VMware and should not significantly change its trajectory going forward. In interviews this week withCNBC and Bloomberg TV, Gelsinger pointed out that Dell CEO Michael Dell has repeatedly said his intention is to grow VMware's business.
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