Tech

Intel is replacing CEO Bob Swan with VMware CEO Pat Gelsinger

Intel CEO Bob Swan will be replaced by CEO of VMware Pat Gelsinger, the company said Monday. The change will go into effect on February 15 and comes after the chip giant saw a rough year in 2020. Last summer, it announced that production problems would delay its next-generation chips. […]
Intel is replacing CEO Bob Swan with VMware CEO Pat Gelsinger
Markets

Dell jumps in its return to the public market

Dell jumped as much as 3.88% to $US46 Friday as it returned to the public market. Dell reentered the public markets without going through the usual initial-public-offering process because it bought back shares tied to its interest in the software maker VMware. The acquisition faced strong opposition from billionaire activist […]
Dell jumps in its return to the public market
Markets

Dell votes in favour of going public again

Dell announced Tuesday that it has agreed to buy back the publicly traded “tracking” shares of VMware, a listed company that is about 80% owned by Dell. The company confirmed the purchase price of $US120 per share of the tracking shares for a total of $US23.9 billion. After the deal […]
Dell votes in favour of going public again
Tech

VMware bought the startup founded by the ex-Googlers who created one of the hottest technologies in Silicon Valley

Cloud computing computing VMware announced Tuesday it plans to acquire Heptio, which provides support for the open source cloud project Kubernetes. Kubernetes is massively popular with developers, who use it to manage complex software environments. Heptio was cofounded by two of the ex-Googlers who originally created Kubernetes. This announcement follows […]
VMware bought the startup founded by the ex-Googlers who created one of the hottest technologies in Silicon Valley