EMC, Dell hope to start Pivotal IPO in early 2016 - report

Monday 2 November 2015 | 09:46 CET | News
EMC and Dell are hoping for an IPO of software company Pivotal early next year, Recode reported, citing sources familiar with the deliberations. Dell agreed to buy EMC in October, for USD 67 billion. was in talks to acquire EMC came up in early October. A plan under consideration calls for EMC, which owns Pivotal in a joint venture with GE, to repeat a move it made with another software company it owns, VMware, by offering a minority stake to public shareholders. In 2007, EMC sold 19 percent of VMware shares in an IPO on the New York Stock Exchange. The plan for Pivotal is similar: EMC would

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Categories: Fixed / IT
Companies: Dell EMC / EMC / EMC
Countries: United States / World
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