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Dell Technologies (DELL) Stock News, Jul-Sep 2021

DELL NYSE

Dell Technologies Inc. reports developments across enterprise information technology, including commercial personal computers, workstations, data-center hardware, storage systems and services for AI workloads. Company news commonly covers portfolio updates such as Dell Pro notebooks, Dell Pro Precision workstations, Dell Pro Max systems, monitors and client peripherals, as well as AI infrastructure offerings built around the Dell AI Factory with NVIDIA, the Dell AI Data Platform and Dell Data Lakehouse architecture.

Recurring updates also address partnerships and integrations with technology vendors, cybersecurity and cyber-resilience capabilities, storage platforms including ECS, ObjectScale and PowerScale, and management presentations on financial strategy. Corporate governance items may include proxy-related matters and incorporation-governance proposals tied to the company's public-company structure.

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VMware announces Kit Colbert as its new Chief Technology Officer (CTO), effective immediately. With a history at VMware since 2003, Colbert has held various significant roles, including Cloud CTO and General Manager of Cloud-Native Apps. In his new role, he will lead the company’s technical vision and advance its transformation towards a cloud-centric R&D organization. CEO Raghu Raghuram emphasized Colbert's technical expertise and leadership as key to driving innovation and development. This strategic move aims to enhance VMware's growth trajectory.

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VMware (NYSE: VMW), a leader in enterprise software, announced that CEO Raghu Raghuram will present at the Jefferies Virtual Software Conference on September 15, 2021, at 1:00 p.m. PT / 4:00 p.m. ET. A live webcast will be accessible on VMware’s Investor Relations page, and a replay will be available for two months. VMware is committed to powering complex digital infrastructures and providing solutions across various domains, including cloud and security.

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VMware (NYSE: VMW) announced that CEO Raghu Raghuram will present at the Piper Sandler Global Technology Conference on September 14, 2021, at 9:00 a.m. PT / 12:00 p.m. ET. A live webcast can be accessed on VMware’s Investor Relations page and will be available for replay for two months. VMware focuses on enhancing complex digital infrastructures through cloud, networking, security, and digital workspace solutions. For more information, visit VMware's website.

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VMware (NYSE: VMW) has announced that CEO Raghu Raghuram will deliver a keynote address at the Citi 2021 Global Technology Virtual Conference on September 13, 2021, at 9:10 a.m. PT / 12:10 p.m. ET. A live webcast will be available on VMware's Investor Relations page and will be accessible for two months after the event. VMware specializes in enterprise software, offering solutions for cloud, app modernization, networking, and security, aimed at enhancing digital infrastructure across various devices.

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VMware (NYSE: VMW) announced that CEO Raghu Raghuram will be the keynote speaker at the Deutsche Bank Technology 2021 Conference on September 9, 2021, at 9:30 a.m. PT / 12:30 p.m. ET. A live webcast is available on VMware's Investor Relations page, with a replay accessible for two months. VMware specializes in cloud, app modernization, networking, security, and digital workspace solutions, contributing to complex digital infrastructures globally.

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VMware has been named a Leader in the 2021 Magic Quadrant for Unified Endpoint Management (UEM) by Gartner for the fourth consecutive year. The evaluation focused on VMware's ability to execute and completeness of vision. In addition, Workspace ONE achieved the highest scores in three of four use cases: Security-Centric, Remote Worker, and Modern Windows Management. This recognition reinforces VMware's commitment to supporting an adaptable workforce through innovative solutions.

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VMware has been recognized as a leader in The Forrester New Wave™: Zero Trust Network Access, Q3 2021, which assessed 15 ZTNA solutions, including VMware Secure Access. This recognition emphasizes VMware's commitment to evolving security models, aligning with shifts towards cloud applications and remote work. Senior VP Shankar Iyer highlighted that VMware's solutions foster a Zero Trust security architecture, ensuring only trusted users access applications. The report praised VMware for its advanced security inspection features and seamless integration with existing security platforms.

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VMware reported a 9% year-over-year increase in total revenue, reaching $3.14 billion for Q2 fiscal year 2022. Subscription and SaaS revenue grew by 23% to $776 million, with ARR expanding 26% year-over-year to $3.15 billion. However, GAAP net income decreased 8% to $411 million, reflecting a decline in both GAAP and non-GAAP operating income. VMware is on track for its planned spin-off from Dell in November 2021. The company continues to enhance its multi-cloud platform, focusing on solutions for hybrid work environments.

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Dell Technologies (NYSE: DELL) will hold a conference call on August 26, 2021, at 4:30 p.m. CDT to discuss its fiscal 2022 second quarter financial results. The event is open to the public via a live webcast on the company's investor relations website. A press release with financial statements will precede the call, providing additional insights into Dell's performance. Stakeholders can access archived information following the live event. Dell continues to support digital transformation for organizations and individuals with a comprehensive tech portfolio.

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Dell Technologies (NYSE: DELL) is partnering with GE (NYSE: GE) to enhance GE's IT infrastructure through the APEX as-a-Service model. This collaboration aims to streamline and scale IT operations across GE's 170 countries, driving automation and cost savings. The use of Dell's APEX Data Center Utility allows GE to adapt its resources to meet varying business demands, ensuring efficiency and predictability in expenses. The agreement supports GE's goal of simplifying its infrastructure while maintaining agility across diverse global operations.

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FAQ

What is the current stock price of Dell Technologies (DELL)?

The current stock price of Dell Technologies (DELL) is $538.32 as of September 30, 2026.

What is the market cap of Dell Technologies (DELL)?

The market cap of Dell Technologies (DELL) is approximately 342.3B.