ETFs & Funds
View as an RSS Feed
) and VMware's (
will be taken public, EMC CEO Joe Tucci
during the companies' investor day (
). EMC will own 69% of the spinoff, and VMware 31%. Pivotal is headlined by EMC's
analytics database/hardware unit, but also features a slew of other product lines aimed at companies working on big data projects or developing Web/cloud apps. Given the hype surrounding Pivotal's addressable markets, the post-IPO valuation could be huge.
View news story
Naive comment - but if EMC owns 69%, and VMW owns 31%, in what way is the company public ?
Mar 13, 2013. 10:48 AM
Link to Comment