Tag: split-off

Here you will find all the articles with the tag: split-off.

VMware split into four divisions after acquisition by Broadcom

VMware split into four divisions after acquisition by Broadcom

VMware has been split into four divisions following its acquisition by Broadcom. CEO Raghu Raghuram has also stepped down. The Register discovered the restructuring. Only one of the divisions retains the VMware name. VMware Cloud Foundation (VCF), the most successful product within the VMware of... Read more

date5 months ago
BlackBerry splits into separate security and IoT company

BlackBerry splits into separate security and IoT company

BlackBerry is going to split itself into two separate companies: one for its security business and one for its IoT ventures. The latter new company may go public next year. BlackBerry, once started as Research in Motion (RIM), has decided to split its operations into two separate companies. One ... Read more

date6 months ago
Atos wants to rid itself of legacy and debt

Atos wants to rid itself of legacy and debt

Atos is in the process of splitting up and appears to have found a buyer for its legacy division. This would put the company's transformation on a trajectory similar to that of IBM's 2021 spin-off of Kyndryl. The French IT provider came up with Eviden, a subsidiary that held together security an... Read more

date9 months ago
Alibaba splits itself into six separate companies

Alibaba splits itself into six separate companies

Chinese e-commerce and tech giant Alibaba is splitting itself into six separate companies. According to the e-commerce and tech giant, this split would allow it to respond better to changes in the market. It should also enable the companies to innovate independently faster in their respective marke... Read more

date1 year ago
Intel splits up GPU division AXG Graphics Group

Intel splits up GPU division AXG Graphics Group

Intel will split its Accelerated Computing Systems and Graphics Group (AGX) into two different branches. Consumer GPUs move to the Client Compute Group (CCG) and server GPUs become part of the Data Center and AI (DCAI) division. With the breakup, the chipmaker wants to compete more effectively. ... Read more

date1 year ago
Atos refuses €4.2 billion acquisition bid

Atos refuses €4.2 billion acquisition bid

Atos refused a €4.2 billion bid for the acquisition of Evidian. Atos plans to spin off the division in the coming months. The share price of the French IT services provider plummeted over the course of last year. Atos lost nearly 500 percent in value. The downward spiral began in February 202... Read more

date2 years ago
Atos CFO resigns because of split-off plan

Atos CFO resigns because of split-off plan

CFO Stéphane Lhopiteau is the second executive officer to resign due to Atos' split-off plans. Earlier, CEO Rodolphe Belmer announced his departure. Atos is a large French IT service provider. The majority of the board wants to change the company's course. The organizations will be split into t... Read more

date2 years ago
Toshiba scraps split-off plans and seeks alternative

Toshiba scraps split-off plans and seeks alternative

Toshiba definitively scrapped its planned split-off. The organization is discussing an alternative future. Going private is a serious possibility. Toshiba announced it's looking for "strategic alternatives" for the future. One option is privatisation, which would see the organization delisted. ... Read more

date2 years ago