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Dell Technologies Inc. (NYSE: DELL) is a global leader in providing essential infrastructure for organizations to build their digital future, transforming and protecting their most valuable asset - information. Based in Round Rock, Texas, Dell Technologies is a broad-based information technology vendor, primarily focused on premium personal computers and enterprise on-premises data center hardware. The company holds top-three positions in its core markets, including personal computers, peripheral displays, mainstream servers, and external storage.
At its core, Dell Technologies offers a diverse portfolio of products and services, encompassing high-performance PCs, secure and scalable storage solutions, multifunctional servers, and advanced data protection systems. The company's infrastructure solutions, such as Dell PowerScale storage and Dell PowerProtect data protection, are designed to meet the increased IT demands for AI modeling, validation, and secure data management.
Recent notable achievements include a groundbreaking partnership with Subaru to enhance driver safety using AI and high-performance storage. Subaru's deployment of Dell PowerScale systems has significantly advanced its EyeSight Driver Assist Technology, making driving safer by integrating, analyzing, and utilizing vast amounts of data effectively.
Financially, Dell Technologies has shown resilience in a fluctuating market, reporting $22.3 billion in revenue for its fiscal 2024 fourth quarter, with significant growth in AI-optimized servers. Despite a year-over-year revenue decline, the company's strong cash flow from operations and an increased annual dividend demonstrate its solid financial health and commitment to returning value to shareholders.
Dell Technologies continues to drive innovation through strategic partnerships and robust product offerings. Collaborations with leading organizations like Northwestern Medicine and Hyundai AutoEver showcase Dell's commitment to leveraging AI and edge computing in advancing healthcare and manufacturing processes. Furthermore, the company's expansive edge partner ecosystem and introduction of Dell NativeEdge Blueprints offer enhanced capabilities for managing AI and machine learning applications at the edge.
Environmental, Social, and Governance (ESG) efforts are central to Dell's mission, focusing on driving positive impacts for people and the planet while delivering long-term value. The company is actively improving its sustainability practices, aiming to reduce carbon footprints, enhance data protection, and support innovative healthcare solutions.
Overall, Dell Technologies Inc. is well-positioned to continue leading in the information technology sector, driving digital transformation and providing comprehensive solutions that meet the evolving needs of businesses and individuals worldwide.
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.
VMware has been recognized as a leader in The Forrester Wave™: Unified Endpoint Management, Q4 2021, achieving the highest score in the current offering category for its solution, Workspace ONE. This platform supports diverse operating systems and integrates with human capital management tools for superior user experience. Recent enhancements include Digital Employee Experience Management and a new compliance engine aimed at improving security. The report highlights VMware's balance of employee experience and management, making it ideal for large enterprises in various sectors.
VMware, a leader in enterprise software, announced that president Sumit Dhawan will present at the UBS Global TMT Virtual Conference on December 6, 2021, at 7:00 a.m. PT / 10:00 a.m. ET. A live webcast will be available on VMware’s Investor Relations page, with a replay accessible for two months. VMware is recognized for its multi-cloud services, driving digital innovation while maintaining enterprise control. The company emphasizes its commitment to a sustainable future through its 2030 Agenda.
VMware announced that CEO Raghu Raghuram will deliver a keynote address at the Raymond James Technology Investors Conference on December 6, 2021, at 8:30 a.m. PT. The event will be webcast live, accessible via VMware's Investor Relations page, with a replay available for two months. VMware is a leader in multi-cloud services, supporting digital innovation with enterprise control.
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