Dell Technologies has sold one of its cybersecurity units, RSA, for $2.1-billion, part of the computer maker’s efforts to streamline its business.
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Dell Technologies lowered its annual revenue forecast after component shortages from supplier Intel blunted growth prospects despite buoyant corporate demand for new PCs.
Dell Technologies is exploring a sale of RSA Security, a cybersecurity business it hopes could fetch at least US$1-billion, including debt, according to people familiar with the matter.
VMware has agreed to purchase two software companies on Thursday for almost $5-billion, expanding its reach in development tools and cybersecurity.
HP laptop maker Inventec said it will to shift production of notebooks for the US market out of China within months, adding to the tech industry’s exodus as the world’s two largest economies escalate their trade war.
Dell Technologies, HP, Intel and Microsoft are joining forces to oppose US President Donald Trump’s proposed tariffs on laptop computers and tablets among $300-billion in Chinese goods targeted for duties.
Dell Technologies has won a shareholder vote to return to public markets, putting founder Michael Dell on the winning side of a transformative transaction that polarised investors for the second time in five years.
Dell Technologies, the world’s largest closely held technology company, reported growing sales and raised its outlook for the year in the midst of its $21.7-billion plan to return to public markets.
When Michael Dell led a group taking his company private four years ago, he extolled the virtues of shading the company from the scrutiny of the public markets. Now he’s considering taking the computer maker public again. What’s changed
Dell Technologies wrapped up the acquisition of EMC in the largest technology deal in history, positioning the company to use its size to invest in new areas and fend off competition from the cloud and other rivals. The combination creates a