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  • Date of publication: 31 August 2020
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  • businessbuysale.com
  • Carl Icahn buys stake in software provider VMware: CNBC

    Synopsis

    Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc, CNBC reported on Tuesday.

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Description

Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware Inc, CNBC reported on Tuesday.

 

Icahn’s stake is said to be below the 5 percent limit that warrants public disclosure, CNBC said, mentioning that a particular agenda for anything specific from VMware or Dell is unclear.

Computer maker Dell, which owns 80 percent of VMWare, said in February it was exploring a public offering or a combination with VMware.

In 2013, Icahn had unsuccessfully attempted to block Michael Dell’s $25 billion offer to take Dell Inc private.

VMware declined to comment on the report. Carl Icahn or his representatives were not immediately available to comment outside of regular U.S. business hours.

 

Reuters.com