It is no secret Palo Alto’s VMware is one of the great American corporate successes of the 21st century. In Forbes and Just Capital’s 2018 ranking of America’s best corporate citizens, released on Monday, few companies are doing better than VMware. One idea, quickly stamped out by VMware’s board (Michael Dell is chairman), was to merge it with Dell Technologies. Analysts took the move as positive for VMware’s independence, but shareholders like Elliott resisted, arguing it undervalued the company. As Dell was bracing for another Icahn brawl, VMware’s Gelsinger was making acquisitions to prepare for the next waves in technology.
Source: Forbes December 10, 2018 10:30 UTC