The date for Dell Technologies is now officially November 1st to complete the spin-off from VMware after a very successful five-year partnership between the infrastructure giant and the virtualization superstar that VMware will make an independent entity for the first time since 2004.
“This creates absolutely additional growth opportunities for both Dell Technologies and VMware and also creates a lot of value for stakeholders,” said Dell founder and CEO Michael Dell in a recent interview with CRN.
The board of directors of Dell Technologies on Tuesday approved the distribution of a special dividend to all Dell shareholders of all of its Class A and B common shares of VMware by VMware to current Dell shareholders.
[Related: 4 New Dell-VMware Integrated Solutions Launched At VMworld]
The largest shareholder in VMware will be Michael Dell himself, who …