Free Trial

Free VPS Trial, no credit card required

Start Free Trial
VMware completes spin-off from DELL Technologies

VMware completes spin-off from DELL Technologies

NetShop ISP

NetShop ISP · Blog Author

Nov 05, 2021 · Industry News

1st of November 2021 has been a milestone for the two tech giants, as Dell Technologies has officially spin-out its 81% majority stake in VMware to Dell shareholders.

The spin-off from Dell Technologies provides VMware enhanced freedom to implement and deliver its multi-cloud strategy, a more simplified capital structure and governance model, and additional operational and financial flexibility. VMware will continue to use Dell Financial Services to help its customers finance their digital transformations.

As per Raghu Raghuram, VMWare’s CEO, “VMware’s mission is to deliver the trusted software foundation that accelerates our customers’ innovation. As a standalone company, we will continue to bring our multi-cloud strategy to life by providing our customers the power to accelerate their business and control their destiny in this new era.”

In an official Investors Press Release, DELL’s Chairman and CEO comments that “Today marks an important milestone for both Dell and VMware. We are unlocking significant value for stakeholders, while maintaining our close partnership in sales, support and innovation for our customers”.

Read VMWare Official Press Release: https://news.vmware.com/releases/vmware-announces-completion-of-spin-off-from-dell-technologies

Read DELL Technologies Official Press Release: https://investors.delltechnologies.com/news-releases/news-release-details/dell-technologies-announces-completion-vmware-spin

Related Articles

Categories

Backup
6
Business Continuity
4
Cloud Hosting
9
Colocation
4
Company Updates
1
Cryptocurrencies
1
Data Centers
12
Dedicated Servers
4
Disaster Recovery
2
Forex
20
Gaming
1
iGaming
33
Industry News
31
Interviews
7
Joomla
9
Magento
5
Managed Services
1
Press Releases
49
Product News
6
Resellers
1
Security
22
Software & Apps
1
Streaming
1
Tech Startups
12
Tutorials
41
Uncategorized
391
Vps Hosting
10
Web Design & Development
3
Web Hosting
42
Webinars
1
Wordpress
14

Free VPS Trial

No Credit Card Required.

Recent Posts

How to Choose the Right Server for MT4 and MT5 Trading Platforms

How to Choose the Right Server for MT4 and MT5 Trading Platforms

08 August, 2022

How To Achieve Ultra-Low Latency for Online Casino and Sports Betting platforms

How To Achieve Ultra-Low Latency for Online Casino and Sports Betting platforms

03 August, 2022

How to integrate one of the most popular online casino games providers in Cyprus

How to integrate one of the most popular online casino games providers in Cyprus

20 July, 2022

Curacao Government to form a new Online Gambling licensing body

Curacao Government to form a new Online Gambling licensing body

18 July, 2022

How To Connect to your Linux Server via myNetShop Web Console

How To Connect to your Linux Server via myNetShop Web Console

13 July, 2022

Products

Bare Metal Dedicated Servers

Virtual Servers (VPS / VDS)

Rack Space & Colocation Hosting

Fast Web Hosting

Cloud Backup

Premium DNS Hosting

Resources

Blog

Videos

Events

APIConnect

WhitepapersNew

Company

About Us

CareersNew

Awards & Honours

Become a Partner

Contact Us

#letushostyou

Award Winning Hosting Provider with a Customer-centric approach to Business and an Open Source Mindset regarding Solutions and Products Development.

Est. 2004, Larnaca – Cyprus


About

Legal Address: 2A, Marathonos, Livadhia, 7060, Cyprus

Operations Office: 120, Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca, 6031, Cyprus

Company Reg: HE 217340
EU VAT Number: CY10217340J
ISO 9001:2015: No. QS.21.038

International Phone: +357 2425 0808