Dell Technologies Inc. - DELL STOCK NEWS

Dell Technologies announced the launch of the XPS 13 Plus on January 4, 2022, marking it as the most powerful XPS laptop yet. Designed for Gen-Z, it features a minimalist design, an edge-to-edge display, and enhanced battery technology with Express Charge 2.0. The laptop is powered by a 12th Gen Intel Core processor, offering improved performance and airflow without noise. Additionally, Dell emphasizes sustainable manufacturing practices, using renewable energy and recyclable materials in production. Pricing and availability will be confirmed closer to launch, with a Spring 2022 release worldwide.

Dell Technologies announced pricing terms for cash tender offers totaling $1.2 billion for its 8.350% Senior Notes due 2046 and $500.35 million for its 8.100% Senior Notes due 2036. The offers aim to purchase the validly tendered securities before the Early Tender Deadline on December 17, 2021. The total consideration per $1,000 of securities includes an early tender premium of $50. Due to exceeding expected principal amounts, Dell does not anticipate accepting tenders after the Early Tender Deadline. The offers are set to expire on January 4, 2022.

Dell Technologies (NYSE: DELL) announced on December 20, 2021, an increase in its cash tender offer for certain debt securities from $2.5 billion to $2.85 billion. A total of $1.59 billion of 8.350% Senior Notes due 2046 and $1.09 billion of 8.100% Senior Notes due 2036 were validly tendered by the December 17, 2021, early tender deadline. The amended tender cap for the 8.350% notes increased from $1 billion to $1.2 billion. The early settlement date is expected on December 21, 2021, with any tenders after December 17 likely not accepted due to exceeding the amended maximum tender amount.

The Miami Dolphins have partnered with Dell Technologies to enhance fan engagement, safety, and security at Hard Rock Stadium. This collaboration has resulted in an estimated $1.2 million in savings by extending data storage systems' lifespan from three to five years. Dell's infrastructure solutions improved social media interaction and retail efficiency during Super Bowl LIV while modernizing safety protocols. The Dolphins now utilize Dell's hyperconverged systems for better IT management. This project positions them as a model for other NFL teams in IT modernization.

Dell Technologies has announced a private offering of $2.25 billion in senior notes, comprising $1 billion in 3.375% Senior Notes due 2041 and $1.25 billion in 3.450% Senior Notes due 2051. The offering is set to close on December 13, 2021. The proceeds will primarily be used for repurchasing existing notes and for general corporate purposes, including debt repayment.

This offering is made under private placement exemptions and has not been registered under the Securities Act.

Dell Technologies Inc. (NYSE:DELL) has initiated cash tender offers for up to $2.5 billion of its debt securities, set to expire on January 4, 2022. This initiative involves various senior notes with different acceptance priority levels. Holders who tender by December 17, 2021 will receive a $50 premium per $1,000 principal. The offers are subject to conditions including a maximum amount and acceptance priority. Barclays Capital Inc. and BofA Securities, Inc. are managing the offers, which are aimed at optimizing Dell's financial position.

Dell Technologies (NYSE: DELL) announced a private offering of Senior Notes by Dell International and EMC Corporation. The proceeds will primarily fund the repurchase of existing notes through tender offers and remaining funds will be allocated for general corporate purposes, including debt repayment. The offering is limited to qualified institutional buyers in the U.S. and is exempt from registration requirements under the Securities Act. This move signifies Dell's strategic efforts to manage its debt portfolio effectively.

Dell Technologies and AWS have launched Dell EMC PowerProtect Cyber Recovery for AWS, a solution designed to enhance data protection against cyber threats, specifically ransomware. This public cloud vault offers an operational air gap that isolates critical data, ensuring faster recovery after an attack. The service is now available for purchase in the AWS Marketplace, simplifying deployment for customers. According to a recent survey, 67% of organizations lack confidence in their ability to recover data after a cyberattack, highlighting the importance of this offering.

VMware (NYSE: VMW) announced its position as a leader in the IDC MarketScape: Worldwide SD-WAN Infrastructure 2021 Vendor Assessment. This report evaluated 12 SD-WAN providers, highlighting VMware's SD-WAN solution for its application performance optimization and security features. The company is enhancing its SD-WAN capabilities through secure access service edge (SASE), enabling secure access to cloud applications. VMware's acquisition of VeloCloud strengthens its standing in the SD-WAN market, as it aims to meet customer demands for integrated security and networking services.