Hints and tips:
...Michael Dell runs Dell Technologies, which he founded in 1984 and today has more than $100bn in sales....
...The dealmaking partnership got their hands on VMware in multiple steps that began with the $24.9bn leveraged buyout of Dell Technologies in 2013....
...In contrast to the optimism of HPE, Dell, Microsoft and others, he was more conservative about the prospects for 5G this year....
...The scale of the profits on one of those came to light this year — the move to take Dell Technologies private and then subsequently buy and sell VMware, a cloud computing company, by Silver Lake Partners...
...Previously owned by Dell and Silver Lake, Dell Technologies listed at an enterprise value of about $100bn....
...Salesforce.com, VMware, Dell and HP Inc also report....
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...In seven years, Dell has tried many ways to present itself as a premiere corporate technology vendor....
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...While rising up the ranks at Silver Lake, he has battled criticism around his marquee buyout of the computer maker Dell; weathered Endeavor’s withdrawn public offering last year; and even sparred with one...
...A version of this article was first published by the Nikkei Asian Review on February 26, 2020. ©2020 Nikkei Inc. All rights reserved....
...The deal paved the wave for shares in Dell Technologies to begin trading on Friday, at a price of $46....
...As Dell Technologies stands on the precipice of going public again, the big question is if public investors will appreciate him the second time around....
...Carl Icahn wrote this week that Michael Dell and Silver Lake were “hoodwinking DVMT shareholders” in their valuation of the core Dell Technologies business....
...Dell declined to comment....
...In September 2015, Dell announced it would buy EMC for $67bn, the biggest technology acquisition in history. Suddenly Dell had a complete set of products to sell to IT departments....
...As such, Mr Dell and Silver Lake’s main value creation since first taking Dell private five years ago has been backing three other companies....
...However, Dell has not abandoned the exchange idea, these people said....
...Dell said its offer of $109 a share valued all the outstanding tracking stock at $21.7bn. It has offered to pay up to $9bn in cash, with the rest in Dell common stock....
...Yet much of the value that Mr Dell has created from his buyouts has little to do with the PCs, servers and storage devices that make up most of the sales of Dell Technologies, the name for his new private...
...Under the terms of the deal Dell will exchange each share of its “Class V” tracking stock for 1.3665 shares of Dell Technologies Class C common stock, or at $109 in cash — up to and not exceeding $9bn worth...
...A Dell reflotation is one of several options that Mr Dell and his backers at private equity firm Silver Lake are currently considering....
...probably a bubble: At the beginning of 2000, the 10 largest market-cap tech stocks in the United States, collectively representing a 25% share of the S&P 500 Index—Microsoft, Cisco, Intel, IBM, AOL, Oracle, Dell...
...CDL v Millennium hotels: Singapore stand-off A simple question sits at the heart of a battle between one of Singapore’s richest men Kwek Leng Beng and a group of investors in UK-listed Millennium & Copthorne...
...Facebook v YouTube: contrasting approaches The music business has been intermittently at odds with technology platforms for decades, since digital piracy ravaged the sector’s traditional business model....
International Edition