Confirmed: Dell sells software division to Francisco Partners and Elliott Management

Dell headquarters TechCrunch has confirmed that Francisco Partners and Elliott Management have agreed to acquire Dell’s software division.
Elliott Management, Francisco Partners and Dell issued a joint press release confirming the acquisition this morning.
Rumors about this acquisition were first reported by Reuters over night. The deal involves Quest Software and SonicWall and could include other… Read More Continue reading Confirmed: Dell sells software division to Francisco Partners and Elliott Management

Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

ford-edge Pivotal has a couple of new friends with big wallets. Today it announced that Ford and Microsoft were joining EMC, VMware and GE as investment partners on a massive $253 million Series C investment with a whopping $2.8 billion valuation. It’s not a coincidence that Pivotal has been working closely with Ford over the last year to help it in its own transformation from a car company to… Read More Continue reading Pivotal scores $253 million Series C led by Ford on hefty $2.8 billion valuation

Michael Dell reveals new branding scheme for the Dell-EMC conglomeration

Michael Dell in front of a Dell-EMC mainframe. Michael Dell today revealed the new names, and yes we are talking multiple names, for the artist formerly known as the Dell-EMC deal. EMC will be deprecated for the main branding Dell Technologies, but will live on for the enterprise brand Dell EMC while the client services business will be called Dell, Inc. according to multiple reports. Confused? I’m sure you’re not… Read More Continue reading Michael Dell reveals new branding scheme for the Dell-EMC conglomeration

Rumors swirl EMC wants to dump Documentum ahead of Dell acquisition

Two speaking under huge EMC banners. Rumors are flying today that to nobody’s surprise, EMC and by extension its new sugar Daddy Dell are looking to dump dowdy Documentum, the company’s enterprise content management product. It’s worth noting up front that in email to EMC asking for a comment on the story, a spokesperson had this to say: “Not commenting on speculation.” You can’t get much… Read More Continue reading Rumors swirl EMC wants to dump Documentum ahead of Dell acquisition

NTT to buy Dell’s services division for $3.05 billion

shutterstock dell logo You may know Dell as a computer and server maker, but Dell also operates a substantial IT services division — at least it did until today. NTT Data, the IT services company of NTT, is acquiring Dell Systems for $3.05 billion.
The main reason why Dell sold off its division is that the company needs cash, and quickly. When Dell acquired EMC for $67 Read More Continue reading NTT to buy Dell’s services division for $3.05 billion