Dell acquired VMware in 2015 in a massive deal worth $58 billion as part of the EMC acquisition (until then, EMC owned VMware). The news of Dell hiving off VMware did not come as a big surprise. Dell had confirmed the same in 2020.
How much does Dell own VMware?
Dell owns a 81% stake in VMware, which it picked up in its 2016 acquisition of EMC Corp. for $67 billion.
Did Dell buy VMware?
Dell acquired VMware as part of the massive $58 billion EMC acquisition (announced as $67 billion) in 2015. ... In addition, there is a plan to sell VMware products through the Dell sales team and for VMware to continue to work with Dell Financial Services.