Selling Software Group makes strategic, financial sense for Dell-EMC merger
Editor’s note: The sale of Dell Software Group to Francisco Partners and Elliott Management comes after the March announcement that NTT DATA will acquire Dell Services; both developments are driven by the need to jettison noncore assets and generate additional financing for Dell’s planned acquisition of EMC, says Technology Business Research. HAMPTON, N.H. – Dell announced earlier this week the definitive agreement of the acquisition of its software group by Francisco Partners and Elliott Management. All Dell Software Group brands except Boomi are included in the transaction. A purchase price was not disclosed, but TBR estimates the transaction will...
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