Dell Technologies Stock Price, News & Analysis

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.

Dell Technologies (NYSE: DELL) announced on December 20, 2021, an increase in its cash tender offer for certain debt securities from $2.5 billion to $2.85 billion. A total of $1.59 billion of 8.350% Senior Notes due 2046 and $1.09 billion of 8.100% Senior Notes due 2036 were validly tendered by the December 17, 2021, early tender deadline. The amended tender cap for the 8.350% notes increased from $1 billion to $1.2 billion. The early settlement date is expected on December 21, 2021, with any tenders after December 17 likely not accepted due to exceeding the amended maximum tender amount.

The Miami Dolphins have partnered with Dell Technologies to enhance fan engagement, safety, and security at Hard Rock Stadium. This collaboration has resulted in an estimated $1.2 million in savings by extending data storage systems' lifespan from three to five years. Dell's infrastructure solutions improved social media interaction and retail efficiency during Super Bowl LIV while modernizing safety protocols. The Dolphins now utilize Dell's hyperconverged systems for better IT management. This project positions them as a model for other NFL teams in IT modernization.

Dell Technologies has announced a private offering of $2.25 billion in senior notes, comprising $1 billion in 3.375% Senior Notes due 2041 and $1.25 billion in 3.450% Senior Notes due 2051. The offering is set to close on December 13, 2021. The proceeds will primarily be used for repurchasing existing notes and for general corporate purposes, including debt repayment.

This offering is made under private placement exemptions and has not been registered under the Securities Act.