Re:Dell to Buy EMC in Deal Worth About $67B
by kbuck on Monday October 12, 2015 @04:17AM
(#10373179)
Small correction: VMware isn't a spinoff of EMC, it's a subsidiary. VMware was originally founded in 1998 and acquired by EMC in 2004.
[ Parent
| on HN ]
Re:Dell to Buy EMC in Deal Worth About $67B
by geofft on Monday October 12, 2015 @06:10AM
(#10373544)
My reading (and another comment implied the same thing) was that the rumors were that EMC would simultaneously spin off VMware and then get the rest of itself acquired by the newly-independent VMware. Here's a Re/Code analysis that got picked up by Fortune:
https://recode.net/2015/08/05/emc-considers-a-buyout-by-its-...
Re:Dell to Buy EMC in Deal Worth About $67B
by vonmoltke on Monday October 12, 2015 @10:37AM
(#10374745)
Can't spin off a subsidiary that is already a separate, publicly-traded entity. VMWare is only a subsidiary because another corporation, and not a real person, owns a majority of the stock.
Re:Dell to Buy EMC in Deal Worth About $67B
by aaronbrethorst on Monday October 12, 2015 @10:45AM
(#10374800)
Ah interesting, I stand corrected