Nutanix Cl A News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Nutanix cl a. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Nutanix Cl A Today - Breaking & Trending Today

Investors Dump VMware and Dell Shares as Intel Steals Away Pat Gelsinger


Intel
had snatched away
VMware
CEO Pat Gelsinger to replace Bob Swan and fix the troubled chip giant is weighing heavily on shares of both VMware and
Dell Technologies,
which has an 80.6% stake in the company.
Last year, Dell (ticker: DELL) confirmed press reports that it was considering spinning off its VMware stake to current Dell holders. In such a transaction, VMware (VMW) would likely pay a large cash dividend back to Dell that the PC maker would then use to reduce its substantial debt load.
Now, with VMware losing its iconic leader, there are concerns on Wall Street about VMware’s valuation. Keep in mind that the value of Dell’s stake in VMware is almost equal to Dell’s entire market capitalization. ....

Rajiv Ramaswami , Steve Ballmer , Michael Dell , Pat Gelsinger , Paul Otellini , Brian Krzanich , Ericj Savitz , Bob Swan , Zane Rowe , Satya Nadella , Kara Swisher , Keith Bachman , Jason Ader , Ajay Singh , William Blair , Dell Technologies , Wall Street , Market Perform , Pure Storage , Primary Metals , Non Ferrous Metals , Computers Consumer Electronics , Desktop Computers , Applications Software , Computer Services , Cloud Computing ,