Dell Technologies announced plans to spin off its 81% equity ownership of VMware, forming two standalone public companies. The tech firm acquired VMware as part of the $67 billion (R963 billion) EMC acquisition in 2015. Under terms of the planned spin-off, VMware will distribute a special cash dividend of $11.5 – $12 billion (R172 billion) … Continue reading Dell Is Spinning Out VMware To Create R129 Billion For The Tech Firm