Shares of Dell and HP jump after a report said Nvidia “has been in negotiations for over a year to buy a large company and it will reshape the PC landscape”
Shares of Dell Technologies Inc. and HP Inc. jumped after a report from website SemiAccurate that Nvidia Corp. was seeking …
Silver Lake, whose $24B deal to take Dell private in 2013 became its calling card, sees a similar setup in EA: a recognizable brand with predictable cash flows
Bloomberg :
Sources: HPE won a $1B deal in late 2024 to provide servers optimized for AI work for X; Dell and Super Micro also bid on the deal
X (formerly known as Twitter) is buying $1B+ of AI servers from HPE in a previously undisclosed deal. …
Broadcom shelves plans to work directly with the top 2,000 VMware customers, focusing on just 500 and giving 1,500 back to partners as a way to stem migrations
Now wants to work with 500 and lean more on partners to defend against migrations - which Dell says are on the cards
UK-based Sophos plans to acquire Atlanta-based cybersecurity company Secureworks for ~$859M, expected to close in early 2025; Dell owns ~79% of Secureworks
Joe Warminsky / The Record :
UK-based Sophos plans to acquire Atlanta-based cybersecurity company Secureworks for ~$859M, expected to close in early 2025; Dell owns ~79% of Secureworks
Prominent cybersecurity company Sophos is acquiring another well-known firm in the industry, Secureworks, for about $859 million, the two companies announced Monday.
Filing: Berkshire Hathaway cut its HP stake by 47%, from 97.85M in October to 51.5M shares, or 5.2% of the company, as Dell's stock outperforms HP's in 2023
Abhishek Vishnoi / Bloomberg :
Cisco plans to acquire cybersecurity company Splunk in cash for $157 per share, a 31% premium on Splunk's September 20 closing price, in a deal valued at ~$28B
https://www.reuters.com/... Chris Merkel / @chrismerkel@infosec.exchange : Scoop: Anonymous has hacked the neuralinks of the leadership teams at Splunk and Cisco. While I can't identify the specific ...
Dell reports Q4 revenue down 11% YoY to $25B, commercial PC revenue down 17% YoY to $10.7B, and names Yvonne McGill to replace CFO Tom Sweet, effective August 5
Wall Street Journal :
Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M
Ingrid Lunden / TechCrunch :