Search Results for: Michael Dell

Michael Dell’s MSD Acquisition SPAC to Go Public to Raise $575M

Michael Dell, chairman and CEO of Dell Technologies (NYSE: DELL), has formed a special purpose acquisition company – MSD Acquisition Corp. – that plans to raise $575 million in funds through an initial public offering, CRN reported Monday. MSD Acquisition intends to offer 50 million investment units at $10 apiece …

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Michael Dell Unveils Leadership Moves in Dell-EMC Combination

Dell and Massachusetts-based data storage vendor EMC (NYSE: EMC) will implement a new senior management structure upon closing of their approximately $67 billion merger. Michael Dell told employees in a memo Tuesday the integrated company will have an executive group that will comprise current CEOs of the VMware, SecureWorks, Pivotal and Virtustream businesses. Jeremy Burton will serve as …

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Thomas Sweet to Succeed Brian Gladden as Dell SVP, CFO; Michael Dell Comments

Thomas Sweet, a 16-year corporate finance veteran at Dell, has been appointed to succeed Brian Gladden as senior vice president and chief financial officer. Gladden has served in both SVP and CFO roles for the past five years and will leave the company at the end of February, the computer …

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Michael Dell, Silver Lake Wrap Up $25B Buyout of Dell

Michael Dell and global technology investment firm Silver Lake Partners have completed their $24.9 billion acquisition of the company he founded and have started the processing of delisting the company from the NASDAQ stock market. Trading of Dell‘s (NASDAQ: DELL) common stock will cease Tuesday afternoon, more than one month after the company’s …

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Michael Dell, Silver Lake Raise Buyout Offer; Shareholder Vote Scheduled Aug 2

Michael Dell and investment firm Silver Lake Management have increased the value of their proposal to acquire Dell (NASDAQ: DELL) by 10 cents per share to $13.75 per share, or $24.6 billion, Bloomberg reported Wednesday. Callie Bost and Aaron Ricadela write the new offer represents a 26 percent premium over …

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David Wajsgras and Tiffanny Gates Continue to Battle Over First Place, Michael Corkery Climbs Rankings, Wash100 Voting Ends on Tuesday

With only five days left to vote, the race for first place in the Wash100 rankings remains white-hot as the finish line approaches on April 30th. David Wajsgras of Raytheon took first place from Tiffanny Gates of Novetta, Steve Harris of Dell EMC Federal and Teresa Carlson of Amazon Web …

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Richard Ledgett, Christopher Painter, Michael Brown Named Palo Alto Networks Advisers

Palo Alto Networks (NYSE: PANW) has added Richard Ledgett, former deputy director at the National Security Agency, and Christopher Painter, former top cybersecurity official at the State Department, to its public sector advisory council to help shape the company’s cyber strategy and offer advice on security and technological needs of …

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VMware May Buy Dell in Potential ‘Reverse Merger’

Jan. 29–Dell Technologies might be pursuing a reverse merger with VMware, as reported Monday in Yahoo Finance. According to people familiar with the matter, in what might likely be biggest deal in the history of the tech industry. The reverse merger, where VMware’s $60 billion cloud computing and virtualization software company …

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