[7] On October 12, 2015, Dell announced its intent to acquire EMC Corporation, an enterprise software and storage company, in a $67 billion transaction.

[15] The acquisition maintained VMware as a separate company, held via a new tracking stock, while the rest of EMC were rolled into Dell.

[20] On January 29, 2018, it was reported that Dell Technologies was considering a reverse merger with its VMware subsidiary to take the company public.

[21] On December 28, 2018, Dell Technologies became a public company, bypassing the traditional IPO process by buying back shares that tracked the financial performance of VMware.

[22][23] Dell Technologies has products and services in the field of scale-out architecture, converged infrastructure and private cloud computing.