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Dell To Use Vmware To Help Pay For Emc Deal: Sources


Ron Burgundy
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A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong KongDell Inc is planning to use equity in cloud software company VMware Inc to help pay for its acquisition of EMC Corp in a deal valuing the data storage company at more than $55 billion, according to people familiar with the matter. While the bulk of its offer will be in cash, Dell also plans to pay EMC shareholders with "tracking stock" that follows the value of the 20 percent of VMware that EMC does not own, the people said on Friday. Dell, EMC and VMware did not immediately respond to requests for comment.




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