Issue 25 // August 2018
MICROSOFT ANNOUNCES CHANNEL UPDATES AT INSPIRE 2018 Partners received updates on new programmes, tools, resources and how they can innovate, grow and differentiate their businesses. At Microsoft Inspire 2018, the company has announced some of the biggest announcements relating to partners at the annual event in Las Vegas. Partners received updates on new programmes, tools, resources and how they can innovate, grow and differentiate their businesses. Gavriella Schuster, Corporate Vice President, One Commercial Partner, said,
Gavriella Schuster, Microsoft
“We have announced exciting new innovations in Microsoft 365, including a free version of Teams, new intelligent events capabilities, the Workplace Analytics teamwork solution and more.” The company has also announced new cloud, apps and data technologies including Azure Data Box Disk, Azure Virtual WAN, Azure Firewall and more. Continued on page 3
Dell to return to public markets in $22bn tracking stock buy out The deal sees the firm swapping the “trading stock” it created when it bought EMC in 2016. Dell has agreed to buy out its own tracking stock for nearly $22 billion in a move that will return the technology company back to public markets five years after its founder took it private. The deal sees the firm swapping the “trading stock” it created when it bought EMC in 2016. This, in turn, will simplify Dell’s current structure, seen by many as overly complicated, and make use of the stock that tracks VMware Inc. The tracking stock was created to do two things: give
EMC shareholders a way to reflect the 82 percent that the company held in VMware, and; reduce the amount of money Dell needed to borrow to acquire EMC by giving the latter company’s shareholders something else of value. Issuing the tracking stock meant Dell didn’t have to raise quite as much money to finance the deal. Dell was able to acquire EMC and the stock has risen from $43.50 in August 2016 to $85.27 last week – almost
Michael Dell
doubling in value since it was first issued. Under the terms of the deal,
Dell will now exchange each share of its “Class V” tracking stock Continued on page 3
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