Dell considers going public to pay down debt, buy rest of Vmware

| January 30, 2018

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Dell Technologies Inc. is reportedly mulling over the idea of becoming a publicly traded company once again, less than five years after it bought out shareholders to go private. Sources including Bloomberg and the Wall Street Journal cite people familiar with the matter as saying that Dell is “considering strategic options” that include an initial public offering as it seeks to raise funds to pay off debt it incurred in going private. It currently has more than $50 billion in debt, on which it’s paying $2 billion in interest payments annually. Dell’s board is set to hold a meeting this month in order to discuss possible options, but may hold off on making any decisions for the time being, the people said. Dell has undergone a huge transformation since founder and Chief Executive Michael Dell (pictured) decided to take the company private back in 2013. That move was designed to help Dell accelerate its strategy of becoming a larger supplier of hardware and software for enterprises away from the spotlight of shareholder scrutiny that public companies face. Dell stepped up its enterprise game in dramatic fashion in 2016, when it bought out storage giant EMC Corp. in a massive $67 billion deal, the largest takeover in the tech industry to date.

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NTT Innovation Institute, Inc

NTT Innovation Institute, Inc. (NTT i3) is the Silicon Valley-based innovation center for NTT Group, one of the world’s largest ICT companies. NTT i3 works with both established enterprise companies and early stage digitally-native businesses to identify ambitious innovation ideas in the the R&D lab and develop them into new technology platforms that are applied against real business and consumer problems in the marketplace.

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Spotlight

NTT Innovation Institute, Inc

NTT Innovation Institute, Inc. (NTT i3) is the Silicon Valley-based innovation center for NTT Group, one of the world’s largest ICT companies. NTT i3 works with both established enterprise companies and early stage digitally-native businesses to identify ambitious innovation ideas in the the R&D lab and develop them into new technology platforms that are applied against real business and consumer problems in the marketplace.

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