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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	Share rose in Dell Technologies and VMware on Tuesday after a report that the onetime personal computing leader was exploring a sale of its stake in the software and cloud computing firm. The two firms are traded separately, but Dell -- which owns a majority stake in VMware -- is considering selling its shares, which could fetch an estimated $50 billion, the Wall Street Journal reported. The report said Dell, which has undergone a series of changes in strategy since its success in the PC market in the 1990s and early 2000s, is also considering buying the shares in VMware it does not already own. Dell shares jumped 18 percent in after-hours trade on the report, with VMware up nine percent. A deal could help Dell reduce its debt accumulated as part of a reorganization that saw it go public in 2018, five years after a private equity buyout. Founder Michael Dell has been seeking to re-energize the firm, which fell behind when consumers turned to mobile devices instead of PCs. VMware offers a range of software and cloud computing services, competing against rivals such as Amazon and Microsoft for business clients. bur-rl/to
schema:headline	Dell, VMware shares rise on spinoff report
schema:mentions	Private equity Cloud computing Personal computer The Wall Street Journal Prime Video Microsoft Michael Dell VMware Dell Technologies
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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