Thursday, September 08, 2016

Dell Gets Bigger and Hewlett Packard Gets Smaller in Separate Deals - The New York Times

Cloudy days ahead for enterprise IT vendors; tangentially, see TPG to Buy Intel’s McAfee Security Unit in $4.2 Billion Deal (Bloomberg)
"On Wednesday, Mr. Dell, who 32 years ago started a personal computer business from his college dorm room, officially completed his giant $67 billion merger with EMC, a data storage company with interests in software and security. He also changed the name of his operation to Dell Technologies.

Later in the day, Ms. Whitman, the chief executive of Hewlett Packard Enterprise, announced a sale of most of her company’s software assets to a British outfit called Micro Focus for about $8.8 billion. H.P.E. also announced higher earnings in the company’s most recent quarter, but a decline in revenue from the same period a year ago."
Dell Gets Bigger and Hewlett Packard Gets Smaller in Separate Deals - The New York Times
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