Dell is Considering a Sale To VMware in What May Be Tech's Biggest Deal Ever (cnbc.com)

CNBC reports: Dell Technologies could emerge as a public company through a reverse-merger with VMware, the $60 billion cloud computing company it already controls, according to people familiar with the matter. The reverse merger, whereby VMware would actually buy the larger Dell, would then allow Dell to be traded publicly without going through a formal listing. It would also likely be the biggest deal in tech industry history, giving investors who backed Dell's move to go private in 2013 a way to monetize their deal, while helping Dell pay down some of its approximately $50 billion debt.

Comments

So Dells service will get even worse?

[greenwow]

Never thought that could happen, but here we are.

Corporate Raiders

[Anonymous Coward]

Right out of the Corporate Raiders playbook. Buy a company, bleed
it dry, make it borrow (hence the 50 billion debt), and dump it, in this
case to the public.

Not for your bonuses

[rsilvergun]

odds are those were planned well in advance (I suppose it's possible you're a C level employee, in which case bully for you). I haven't heard a peep about wage increases except from Walmart, and aside from Fox News all the analysts agree those wage increases were because the economy's recovered enough they have to pay more to keep workers, nothing to do with the tax cuts.

Meanwhile the mergers and acquisitions are putting everybody's jobs at risk. After all, what's the first thing a company does after a M&A?