@Dell’s decision is hanging over VMware @VMware (VMW) has been in the news as its stock has fluctuated significantly in the last two months due to speculations regarding its parent company, Dell. Prior to its acquisition by @DellEMC held an 80% stake in VMware. Following #EMC ’s acquisition in late 2016, VMware became a part of @DellTechnologies, which is currently considering several strategic options, including a reverse merger with VMware. At the time of the Dell-EMC deal, it was not only the tech industry’s (QQQ) biggest buyout but also the largest financing commitment for a technology deal.
Though VMware has chosen to remain tight-lipped about the rumored reverse merger plans, VMware chief financial officer Zane Rowe said that fiscal 2018 brought $400 million in synergies, as Dell helped VMware sell its offerings. During the company’s 4Q18 earnings call, he said, “The $400 million was an increase from the prior guide that we gave you of $250 million which was the annual synergy capture, annual bookings synergy capture for FY 2018.”
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