Tuesday 6 February 2018

Dell intranet post said VMware slurp disclosure was mere paperwork

Dell's disclosure, which may be terminated, merged with its VMware subsidiary or other financial contingencies, has been rejected as a pure compliance document by Dell itself.

In addition to the bid that the company disclosed, given a change in structure, the company issued another document with a CEO Michael Dell position on the company's intranet.

The document begins by refuting the proposition that Dell is considering a new structure because the new US tax laws will complicate his life while trying to pay his debt of about 50 billion US dollars.

"We are in a great financial position," Dell told the staff man. "We have repaid approximately $ 10 billion of gross debt since the closure of Dell / EMC, we are also excited about the positive impact of tax reforms on the US economy and are confident that the potential impact for Dell Technologies, based on on what we are today knowing, will be more than manageable. "

This post explained that last week's revelations were not much more than a ticking exercise.

"Normally, we keep our deliberation confidential until a certain course of action is established, but because Dell Technologies owns 82% of VMware, we must file a public request with the US Securities and Exchange Commission."

In other words, telling the world his thoughts was not a sign that they were advanced or serious. It was just compliance.

But the intranet post revealed that Dell, the company and the man, want to think more and live for the damage that can be caused by speculation on the offers. "As this process continues," said the post, "business is as usual for team members, customers, and partners, with no changes in current structures, practices, and processes."

"There will be continued attention for the press and speculation, and it is important to stay focused on delivering for customers and closing the quarter strongly."

Is there a chance to be exempted from this idea of reading The Register, Mike?

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