Dell to Return to Public Markets With Tracking Stock Buyout

Dell Technologies, the world’s largest technology company, is planning to go public again, five years after it became a private company, Bloomberg reported
• The company said it will buy out its tracking stock (DMTV), created to mirror VMware’s value, combining cash and shares for a deal valued at $21.7 billion
• VMware will pay shareholders an $11 billion cash dividend, with Dell offering more shares or cash to make up the difference Continue reading Dell to Return to Public Markets With Tracking Stock Buyout

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Microsoft Catching Up to Amazon in Security Clearances for Cloud

Microsoft is getting close to getting the certification needed to host the government’s most sensitive, classified information — something Amazon Web Services already has, Bloomberg reported
• The certification would give Microsoft an edge over other bidders for the contentious multibillion-dollar cloud services contract Pentagon is seeking to award
• A federal market analyst for Bloomberg Government said there were only two real competitors for the contract — Amazon and Microsoft — based on the security accreditation process alone
• The Defense Department is moving slowly toward issuing a final request for proposals for the JEDI, or Joint Enterprise Defense Infrastructure, contract Continue reading Microsoft Catching Up to Amazon in Security Clearances for Cloud

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