Dell to use VMware to help pay for EMC deal

Dell to use VMware to help pay for EMC deal

A company logo of Dell is seen on the cover of its laptop at a Dell outlet in Hong Kong October October 21, 2009. REUTERS/Bobby Yip

Dell 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.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter