Dells strategy develops
Written by Mark Evans
Dell’s Pivotal Software subsidiary has filed for IPO, allowing perhaps a glimpse of future Dell strategy to focus on core elements of the business.
Formed when VMware and EMC assets were carved up, Pivotal offers cloud platforms for developers via its Pivotal Cloud Foundry. With healthy subscription sales, it has shown good growth, and an IPO could provide both an injection of capital to reduce debt as well as a more tightly managed partner in which Dell could retain a significant stake.