Dell Technologies considering IPO, other options, to boost revenue, reports say 


Round Rock-based Dell Technologies Inc. is weighing different options to increase its revenue, including an initial public offering, according to media reports Thursday.

The company’s board, which is meeting later this month, will discuss whether an IPO is something they want to do, according to a Bloomberg article. Bloomberg cites “people familiar with the matter ... who asked not to be identified because the talks are private.”

In 2013, the California-based private equity firm Silver Lake Partners teamed with Michael Dell in his $25 billion deal to take Dell Inc. private.

Three years later, Dell merged with EMC Corp. The move increased Dell’s profile in the storage technologies industry -- the purchase gave Dell a large stake in  cloud computing firm VMWare -- but the $67 billion deal required Dell to take on a massive debt. Increasing cash flow could help the company pay off some of that debt, Bloomberg noted. 

Dell is considering other options besides going public. 

“Another option is to buy the rest of VMware that Dell does not already own, said one person familiar with the discussions,” the Bloomberg article says. “VMware shares have risen more than 60 percent in the past year. Dell is also considering a public share sale for its Pivotal Software Inc. cloud-computing venture.”


Reader Comments ...


Next Up in Local

Texas superintendent threatens suspension for students who protest gun laws
Texas superintendent threatens suspension for students who protest gun laws

A superintendent in a Texas school district near Houston threatened a three-day suspension for any student who walks out to protest current gun laws, the Houston Chronicle reported. Needville Independent School District Superintendent Curtis Rhodes sent letters to parents and posted on social media that an out-of-school suspension would be enforced...
Rev. Billy Graham chose John 14:6 to be placed on his grave marker
Rev. Billy Graham chose John 14:6 to be placed on his grave marker

Before his death, Rev. Billy Graham chose one of his favorite Scripture verses from the Bible to be placed on his grave marker. Graham selected John 14:6 and the following inscription to be on his marker: BILLY GRAHAM NOVEMBER 7, 1918 – FEBRUARY 21, 2018 PREACHER OF THE GOSPEL OF THE LORD JESUS CHRIST JOHN 14:16 John 14:6 reads, “Jesus...
Teen’s warning thwarts possible school shooting in Vermont
Teen’s warning thwarts possible school shooting in Vermont

A high school junior in New York may have prevented an 18-year-old man from carrying out a shooting last week at a Vermont high school, the Poughkeepsie Journal reported. Angela McDevitt, 17, who attends Arlington High School in Lagrangeville, New York, said she was trading Facebook messages with Jack Sawyer of Poultney, Vermont, when he...
Police: Student was punched, spat on before dorm stabbing
Police: Student was punched, spat on before dorm stabbing

A Georgia State University student walked up to another student, spat on him and punched him before the suspect stabbed him multiple times in a university dorm, the school’s police chief said Thursday. University and Atlanta police responded to a call about the fight Tuesday, GSU police chief Joe Spillane said. Nakia Roach was found in the the...
Some Ohio school districts arm staff, but don't tell public 
Some Ohio school districts arm staff, but don't tell public 

Several school districts in Ohio have armed staff and teachers in an effort to prevent school shootings, but some of those districts have not told parents, students and taxpayers about the firearms in their buildings. On Wednesday, President Donald Trump said that if one of the victims, a football coach, in last week’s Florida school...
More Stories