Dell Technologies Inc. - DELL STOCK NEWS

Dell Technologies unveiled the new XPS Desktop, featuring enhancements that make it the most powerful model yet. It measures nearly 42% larger than its predecessor, boasting 12th Gen Intel Core processors (up to i9) and advanced graphics options from NVIDIA and AMD. The desktop's cooling system is redesigned, making it up to 21% cooler under load and 50% quieter than previous generations. The customizable architecture allows for easy upgrades over time. The XPS Desktop will be available later this fall with Windows 11.

VMware (NYSE: VMW) has announced advancements in its Radio Access Network (RAN) portfolio, focusing on the introduction of the VMware RAN Intelligent Controller (RIC) aimed at facilitating the transition to Open RAN. VMware RIC will enable developers to create applications that enhance network performance and operational flexibility. The platform includes both Centralized and Distributed RICs, offering various functionalities for service providers. VMware's partnership with Aspire Technology aims to streamline RAN testing. Key features include superior performance, operational consistency, and cost reduction for service providers.

VMware has announced advancements to its Telco Cloud Platform, aimed at accelerating service providers' multi-cloud transformations and monetizing 5G services. Key enhancements include the introduction of the VMware Telco Cloud Platform – Public Cloud and VMware Telco Cloud Platform – Edge. These solutions enable seamless integration of public clouds, consistent operations across various environments, and support for automation and network slicing. Over 150 communication service providers globally utilize VMware's platform to enhance operational efficiency and time to market for new services.

VMware has set October 29, 2021 as the record date for a conditional special dividend of $11.5 billion, payable to stockholders as part of its spin-off from Dell Technologies. This special dividend will be distributed pro-rata upon meeting certain conditions outlined in the Separation and Distribution Agreement. The payment date is scheduled for November 1, 2021, with an ex-dividend date of November 2, 2021. Tax implications indicate that approximately 39.49% may be treated as taxable dividend income.

Dell Technologies (NYSE: DELL) has approved a special stock dividend for its shareholders, distributing approximately 81% of its VMware shares. Shareholders of record by October 29, 2021, will receive about 0.44 VMware shares for each Dell share they hold. The distribution date is set for November 1, 2021, and the transaction aims to be tax-free for U.S. federal income tax purposes. No action is needed from shareholders to receive these shares. Additional details will be provided in an information statement around October 21, 2021.

Dell Technologies has introduced new edge innovations to enhance its infrastructure and PC portfolio, aimed at organizations looking to optimize data management outside traditional data centers. Key updates include Dell EMC VxRail satellite nodes, which allow for easier deployment at edge sites; Dell Technologies Validated Design for Manufacturing Edge with Litmus, facilitating quick decision-making in manufacturing; and Dell EMC Edge Gateway for enhanced connectivity. The company reports that 69% of Fortune 100 companies are utilizing its edge solutions, reinforcing its position in the evolving tech landscape.

Dell Technologies has introduced new telecom software and solutions to help communication service providers (CSPs) enhance their open, cloud-native network deployments. Key offerings include the Bare Metal Orchestrator, designed to simplify the management of distributed servers, potentially reducing operational costs by up to 57%. New partnerships with Mavenir and Wind River expand Dell's ecosystem, aiming to accelerate the adoption of 5G and Open RAN technologies. Additionally, Dell provides expert support services to ensure seamless network operations.