The biggest software and technology deal ever could looming on the horizon.
According to CNBC, VMWare, a cloud computing company currently valued at $60 billion, may be positioning itself to purchase Dell Technologies in a reverse merger. Dell EMC currently owns 80% of VMWare. The reverse merger would allow Dell to be traded publicly without going through a formal listing.
This deal wouldn’t be the first major strategic move for the cloud-based entreprise. In 2014, VMware acquired AirWatch for $1.54 billion, the largest acquisition to-date for VMware. AirWatch® by VMware, the leading enterprise mobility management (EMM) provider, was founded in Atlanta, Georgia by Alan Dabbiere. According to a 2015 report by leading analyst firm IDC, VMWare’s acquisition of AirWatch helped boost revenues and market share. It also provided an important component in the company’s broader strategy to deliver desktops, applications and data to any endpoint device.
What would the Dell move mean for Airwatch® clientele? One will have to wonder and watch as Dell leadership deliberates over the next month.