Pivotal Software, a DellEMC spin-off providing a platform for enterprises to manage cloud-based apps, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we...read more
Online auction site eBay announced Tuesday that it plans to spin-off internet voice communications provider Skype in 1H10. Skype was purchased by eBay in 2005 for ~$2.6 billion, and the company generated sales of $551 million in FY08 (+44% y/y) with an...read more
VMware, the leading provider of virtualization software to more than 20,000 organizations, priced its highly anticipated IPO at $29 per share, the top of an upwardly revised $27-$29 range. The 33 million share offering resulted in gross proceeds of $957 million...read more
VMware, a leading provider of virtualization software to over 20,000 organizations, raised its expected price range Thursday. The company now plans to offer 33 million shares at a range of $27 to $29 per share, a 17% increase from its proposed $23 to $25 range....read more
Dell's Pivotal Software files for an IPO that could raise $500 million
Pivotal Software, a DellEMC spin-off providing a platform for enterprises to manage cloud-based apps, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we...read more
eBay announces plans to spin-off Skype in early 2010; deal size could approach $1 billion by our estimate
Online auction site eBay announced Tuesday that it plans to spin-off internet voice communications provider Skype in 1H10. Skype was purchased by eBay in 2005 for ~$2.6 billion, and the company generated sales of $551 million in FY08 (+44% y/y) with an...read more
Virtualization software leader VMware prices its IPO at $29 per share, the high end of its upwardly revised range
VMware, the leading provider of virtualization software to more than 20,000 organizations, priced its highly anticipated IPO at $29 per share, the top of an upwardly revised $27-$29 range. The 33 million share offering resulted in gross proceeds of $957 million...read more
Virtualization services provider VMware raises expected range
VMware, a leading provider of virtualization software to over 20,000 organizations, raised its expected price range Thursday. The company now plans to offer 33 million shares at a range of $27 to $29 per share, a 17% increase from its proposed $23 to $25 range....read more