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Dell spinning off VMware stake to raise nearly $10bn

2021-04-15 02:00:00| Total Telecom industry news

Last year, it was reported that Dell Technologies was considering a spinoff for its roughly $50 billion stake in cloud specialist VMWare, with the PC maker hoping that such a move would boost the value of its shares. At the time, the company was reportedly exploring all of its options, including buying the remainder of the cloud software giant&rsquo…read more on TotalTele.com »

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BT spinning off group procurement business to Ireland

2020-11-13 01:00:00| Total Telecom industry news

BT is creating a new subsidiary in Dublin, Ireland, to manage the company’s global procurement requirements.   The company will reportedly have a budget of £13 billion and will focus on procurement strategy, planning…read more on TotalTele.com »

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LG Chem spinning off battery business

2020-09-17 17:55:41| Green Car Congress

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