VMware and Dell Technologies Reach Agreement Regarding Spin-Off

  • Dell Technologies to Spin-off 81% Equity Ownership of VMware, Positioning VMware for Further Growth
  • Provides VMware with Strategic and Operational Flexibility while Preserving Dell Technologies Strategic Partnership
  • VMware to Pay $11.5B-$12.0B Special Cash Dividend to All Stockholders; Committed to Investment Grade Rating

Read the full press release for more on the terms and VMware’s vision.