Toshiba achieves milestone: completes sale of NAND business to Bain Capital led consortium

The completion of the sale was way ahead of the expected time frame of end-March. Chinese antitrust authorities extensively reviewed the deal before providing its approval. On Friday, Japan’s Toshiba Corp stated, it had completed the $18 billion sale of its NAND memory chip unit to a consortium led by U.S. private equity firm Bain…

Dell Technologies considering merger with VMWare Inc

Dell is exploring options vis-a-vis VMWare which includes asset divestitures, VMWare’s IPO as well as a merger. Sources familiar with the matter at hand have disclosed, VMWare Inc, a business software provider and Dell Technologies Inc, a U.S. computer maker, have decided to explore options that could include a potential merger of both companies. Dell…

Dell Technologies could opt for an IPO, spin-off Pivotal Software Inc or merge with VMWare

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…