The surprising news that
had torn away
CEO Pat Gelsinger, who is supposed to replace Bob Swan and fix the troubled chip giant, weighs heavily on VMware and VMware stocks
which has a share of 80.6% in the company.
Last year, Dell (Ticker: DELL) confirmed press reports that it is considering outsourcing its VMware stake to current Dell owners. In such a transaction, VMware (VMW) would likely pay back a large dividend to Dell, which the PC maker would then use to fund its …