EMC to take Virtustream majority stake - report

Jack Gilbert
clock

Reuters reports that VMware will no longer own 50 per cent of new cloud services business

VMware is not going to take a 50 per cent stake in the hybrid-cloud platform Virtustream, with EMC set to take majority control, according to a report from Reuters. In the days following the Del...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Broadcom suspends VMware sales for one week to migrate SAP to Oracle

Vendor

Customers will also lose the ability to set user permission, manage enterprise agreements, or purchase support between 30 April and 6 May

clock 11 April 2024 • 3 min read
Dell has laid off 13,000 employees in one year amid slump

Vendor

Dell Technologies’ total employee count shrank from 133,000 a year ago to 120,000 as of this month, down 9.7 percent. The tech giant is awaiting a turnaround in PC and infrastructure sales that has yet to materialise, according to its most recent earnings.

clock 27 March 2024 • 3 min read
VMware adds nine new territories to TD SYNNEX distribution agreement amid overall partner cull

Distributor

Distributor is extending value-added enablement offerings with a focus on growth in the SMB segment

clock 25 March 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Google layoffs hit finance, real estate divisions: Report

Google layoffs hit finance, real estate divisions: Report

“We’re responsibly investing in our company's biggest priorities and the significant opportunities ahead,” a Google spokesperson said in an email

Wade Tyler Millward
clock 18 April 2024 • 2 min read
ConnectWise lays off 'less than 100' staffers to 'improve operations'

ConnectWise lays off 'less than 100' staffers to 'improve operations'

ConnectWise is laying off staff to improve operations and refocus on partner growth opportunities

CJ Fairfield
clock 18 April 2024 • 3 min read
Cisco makes AI infrastructure push with Hypershield announcement

Cisco makes AI infrastructure push with Hypershield announcement

New tech leverages NVIDIA partnership

clock 18 April 2024 • 2 min read