Welcome to our dedicated page for Dell Technologies news (Ticker: DELL), a resource for investors and traders seeking the latest updates and insights on Dell Technologies stock.
Dell Technologies (DELL) maintains its industry leadership through continuous innovation in enterprise IT infrastructure and AI-driven solutions. This dedicated news hub provides investors and technology professionals with timely updates on corporate developments, strategic partnerships, and market-moving announcements.
Access curated press releases and analysis covering Dell's advancements in data center hardware, cybersecurity initiatives, and edge computing deployments. The repository includes earnings reports, product launch details, executive commentary, and regulatory filings – all essential for understanding the company's position in digital transformation markets.
Key focus areas include Dell's progress in hybrid cloud solutions, commercial PC market trends, and sustainability efforts within global IT ecosystems. Content is organized for efficient navigation between financial updates, technological breakthroughs, and partnership announcements that shape the company's trajectory.
Bookmark this page for streamlined access to Dell's official communications and third-party analyses. Combine real-time updates with historical context to track the company's execution against its long-term infrastructure modernization goals.
Dell Technologies announced record financial results for Q1 fiscal 2022, achieving $24.5 billion in revenue, a 12% increase year-over-year. Operating income rose 96% to $1.4 billion and diluted EPS surged 495% to $1.13. Non-GAAP net income reached $1.8 billion, up 59%. The company reported remaining performance obligations of $42 billion and cash reserves of $15.9 billion.
Strength across Infrastructure Solutions, Client Solutions, and VMware contributed to this growth, with a focus on enhancing digital transformation initiatives.
Dell Technologies (NYSE: DELL) will hold a conference call on May 27, 2021, at 4:30 p.m. CDT to discuss its fiscal 2022 first quarter financial results. The call will be accessible to the public through a live audio-only webcast, which can be found on Dell Technologies' investor relations site. The company plans to release its financial results prior to the call, accompanied by detailed financial statements and other materials for download.
Dell Technologies and Equinix have announced an expanded collaboration to enhance access to Dell Technologies APEX via Equinix data centers. This partnership allows organizations to adopt hybrid or multi-cloud strategies, providing a simplified IT experience with a single invoice and scalable storage solutions. Customers can manage their APEX services through the APEX Console and benefit from a secure, on-demand hybrid cloud solution. With over 220 Equinix data centers globally, this collaboration aims to meet rising data storage needs efficiently.
Dell Technologies (NYSE: DELL) collaborates with i2b2 tranSMART Foundation to develop digital twins for long-haul COVID-19 treatment. This initiative leverages large-scale de-identified patient data to create virtual models for personalized treatment simulations. The project aims to aid researchers in delivering more precise therapies based on individual medical history and genetics. Initially, the data enclave will support analysis for 70,000 patients, with potential expansion to two million digital twins by 2025, enhancing global research collaboration against long COVID.
Dell Technologies (NYSE: DELL) is launching innovative solutions aimed at enhancing data value at the edge. Key announcements include the upgraded Dell EMC Streaming Data Platform for real-time analytics and new manufacturing edge solutions to boost productivity and reduce costs. The company underscores its commitment to edge computing, essential as Gartner estimates over 50% of enterprise data will be created outside traditional data centers by 2022. Duos Technologies showcases a successful application of Dell's technology, enabling railcar inspections to occur 120 times faster, demonstrating efficiency improvements.
Dell Technologies has launched its APEX portfolio of as-a-Service offerings aimed at simplifying technology consumption for businesses. APEX services include Data Storage Services, Cloud Services, and Custom Solutions, allowing customers to manage their IT lifecycle from a single console. The company also announced a collaboration with Equinix to extend APEX services to colocation sites. This initiative is expected to enhance operational efficiency and flexibility for organizations, enabling them to scale IT resources rapidly according to their needs.
Francisco Partners and TPG Capital have entered a definitive agreement with Dell Technologies to acquire Boomi for $4 billion. This transaction, scheduled to close by late 2021, aims to fuel Boomi's growth and innovation after its exponential rise since being acquired by Dell in 2010. Boomi, a leader in cloud-based integration, serves over 15,000 customers globally. Dell intends to focus on modernizing core infrastructure, with this move aligning with its strategy to expand in high-priority areas such as hybrid cloud and digital transformation.
Dell Technologies (NYSE: DELL) will hold a Financial Analyst Q&A session on May 5, 2021, at 1:30 p.m. CT during the Dell Technologies World. Leaders from Dell and VMware will unveil innovations in automated infrastructure for 5G. A live webcast will be accessible on Dell's Investor Relations page.
Dell Technologies has launched a new Managed Detection and Response service powered by Secureworks Taegis XDR. This subscription-based service offers 24/7 monitoring, detection, and threat response for organizations with 50 or more endpoints. By leveraging advanced security analytics, the service aims to enhance cybersecurity for businesses and reduce the workload on IT teams. Available in North America now, and globally from May 10, the service represents a shift towards proactive security management for its users.
Dell Technologies announced significant upgrades to its Dell EMC PowerStore enterprise storage systems on April 20, 2021. The new software enhancements improve workload performance by up to 25% and reduce latency by up to 15%. Additionally, the introduction of the PowerStore 500 model offers a cost-effective solution with enterprise-level performance for businesses of all sizes. Nearly 20% of PowerStore customers are new to Dell, showcasing its growing market penetration. The updates promise automation capabilities that simplify management while delivering significant cost savings.
