Dell’s board is set to meet later this month to discuss these options.

As per a source familiar with the matter at hand, Dell Technologies Inc is weighing its strategic options which includes merging with its majority-owned VMware Inc which is listed in the New York Stock Exchange as well as an initial public offering (IPO).

The PC maker is also considering the sale of its Pivotal Software Inc unit, said the source on the condition of anonymity since the discussions are private.

Dell’s board is scheduled to meet this month and will discuss these options, said a report from Bloomberg reported citing sources familiar with the matter.

Naturally, Dell may decide not to make any such move, at this time.

In 2013, Michael Dell, the firm’s CEO, took it private with the help of Silver Lake in a deal that was then worth $25 billion.

In 2015, Dell acquired EMC Corp, a data storage company, for $67 billion and placed itself in the market for storing and managing corporate data.

At that time, EMC was a major shareholder of VMWare, a cloud-based virtualization software, and this ownership was transferred to Dell.

VMware’s shares have gained over 62% in the last 1 year and have touched their all-time high on Thursday.