Dell Technologies Stock Price, News & Analysis

VMware has released a report indicating that cybercriminals are increasingly targeting Linux-based multi-cloud environments with malware. Key findings reveal that ransomware is evolving to target Linux workloads, while 89% of cryptojacking attacks employ XMRig-related libraries. Additionally, over half of Cobalt Strike users may be using the tool illicitly. The report emphasizes the urgent need for organizations to enhance threat detection and adopt a Zero Trust approach to safeguard their infrastructures against these growing threats.

VMware has announced key appointments to strengthen its Go-To-Market Leadership team. Laura Heisman has been appointed as Chief Marketing Officer, while Sylvain Cazard takes on the role of General Manager for Asia Pacific and Japan. Heisman brings over 25 years of experience, previously at GitHub and Citrix, while Cazard, who has 12 years with VMware, aims to enhance sales strategy in APJ. Additional appointments include John Sabino as Chief Customer Experience Officer and Zia Yusuf as SVP of Strategic Ecosystems, aimed at boosting multi-cloud adoption.

VMware (NYSE: VMW) announced receipt of an unsolicited mini-tender offer from TRC Capital Corporation to acquire up to 1 million shares of VMware's Class A common stock at $118.50 per share, which is 4.23% lower than the last closing price of $123.74 on January 21, 2022. VMware disclaims any affiliation with TRC and strongly advises stockholders against tendering their shares as the offer price is below market value. The offer is subject to various conditions, including stock price stability and adequate financing by TRC.

VMware has partnered with BT to provide multinational clients with a managed service for VMware Secure Access Service Edge (SASE). This offering combines BT's networking capabilities and VMware's technology to enhance cloud-first networking, security, and edge computing. The service aims to simplify digital transformation, ensuring secure access to cloud applications. Key features include integrated cloud security, SD-WAN performance, and end-to-end support for multi-cloud environments. This collaboration promises to bolster BT's service delivery while supporting modern workstyles like hybrid working.

Dell Technologies (NYSE:DELL) launched its APEX Multi-Cloud Data Services, providing storage and protection as-a-Service across major public clouds through a single console. The company introduced APEX Backup Services for securing SaaS applications and hybrid workloads. Project Alpine aims to integrate Dell's storage software with leading public clouds. A Forrester study shows 83% of organizations anticipate adopting a multi-cloud strategy within a year, highlighting Dell's pivotal role in optimizing cloud management, flexibility, and security.

VMware (NYSE: VMW) announced that CFO Zane Rowe and President Sumit Dhawan will present at the Jefferies Software Summit on January 10, 2022, at 9:00 a.m. PT / 12:00 p.m. ET. A live webcast will be accessible on VMware's Investor Relations page, with a replay available for two months.

VMware is a leader in multi-cloud services, enhancing digital innovation with enterprise control. The company is based in Palo Alto, California, and is focused on a sustainable future through its 2030 Agenda.

Dell Technologies announced the launch of the XPS 13 Plus on January 4, 2022, marking it as the most powerful XPS laptop yet. Designed for Gen-Z, it features a minimalist design, an edge-to-edge display, and enhanced battery technology with Express Charge 2.0. The laptop is powered by a 12th Gen Intel Core processor, offering improved performance and airflow without noise. Additionally, Dell emphasizes sustainable manufacturing practices, using renewable energy and recyclable materials in production. Pricing and availability will be confirmed closer to launch, with a Spring 2022 release worldwide.

Dell Technologies announced pricing terms for cash tender offers totaling $1.2 billion for its 8.350% Senior Notes due 2046 and $500.35 million for its 8.100% Senior Notes due 2036. The offers aim to purchase the validly tendered securities before the Early Tender Deadline on December 17, 2021. The total consideration per $1,000 of securities includes an early tender premium of $50. Due to exceeding expected principal amounts, Dell does not anticipate accepting tenders after the Early Tender Deadline. The offers are set to expire on January 4, 2022.