Michael Dell and Silver Lake are expected to announce as early as Monday that they have struck a $21.7 billion deal to buy out investors in a special class of shares created in 2016 to help Dell buy the networking company EMC.
Read MoreAs Dell Technologies publicly confirmed that it was exploring a number of potential transactions — ranging from an initial public offering to a combination with VMware, of which it owns 80 percent — much of the media coverage has focused on why it’s doing so.
Read MoreEditor’s note: Angela Lambert is a research analyst in the Computing Practice at Technology Business Research, Inc. She provides analysis of NetApp’s most recent quarterly earnings report and the growing competition with EMC. Both firms have a big – and growing – presence in the Research Triangle Park area. HAMPTON, N.H. – NetApp’s struggles to offset EMC’s strong emergence in the channel led to the first quarter of revenue decline in more than three years on Wednesday. EMC is leveraging its scale and recognizable storage brand to chip away at NetApp’s (Nasdaq: NTAP) comfort zone, launching its midmarket-centric VNXe product and...
Read MoreEditor’s note: Allan Krans is an analyst with Technology Business Research. EMC operates a research and development center as well as a production plant in the Research Triangle region. HAMPTON, N.H. – As the economy stands on the edge of an uncertain 2008, EMC drove a strong close to 2007, reporting its sixth consecutive quarter of double-digit revenue growth. On Tuesday, EMC (NYSE: EMC) reported 4Q07 revenue of $3.8 billion, an increase of 19.2% compared with revenue of $3.2 billion during 4Q06. EMC’s 4Q07 results were the result of even contributions across all product and geographic areas, as EMC...
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