Last year it was reported that Dell Technologies was considering a spin-off for its roughly $ 50 billion stake in cloud specialist VMWare. The PC maker hoped that such a move would add value to its stocks. At that point, the company reportedly considered all of its options, including buying the rest of the cloud software giant & rsquo …

Last year it was reported that Dell Technologies was considering a spin-off for its roughly $ 50 billion stake in cloud specialist VMWare. The PC maker hoped that such a move would add value to its stocks. At that point, the company was reportedly considering all of its options, including buying the remaining shares in the cloud software giant or even moving its stake entirely.

Now, Dell appears to have made its choice and announced yesterday that it will actually spin off its 81% stake in VMware.

As part of the spin-off, VMware will distribute a cash dividend of between $ 11.5 billion and $ 12 billion to all …



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