Tag: split

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

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
Gigabyte splits server business off into Giga Computing

Gigabyte splits server business off into Giga Computing

Gigabyte has split off its server and networking division into a new company called Giga Computing. The parent company will increase its focus on consumer PCs, laptops and GPUs. Gigabyte claims the split-off won't affect day-to-day operations or customer relationships. Giga Computing is fully ow... Read more

date1 year ago
Verizon sells entire media division, which gets renamed to Yahoo

Verizon sells entire media division, which gets renamed to Yahoo

The American telecom provider has decided to split off its entire media division. The various media under Verizon will be in the hands of private equity firm Apollo Global Management, which is putting down 5 billion dollars (over 4 billion euros) for the business. Verizon's media branch is the r... Read more

date3 years ago
‘Dell is considering selling Boomi’

‘Dell is considering selling Boomi’

Dell is working hard to slim down its business operations and pay off debt. According to the latest rumours, the company is investigating the possibilities of divesting Boomi. Dell bought the cloud integration company in 2010. The original Bloomberg article does not give much explanation as to w... Read more

date3 years ago
VMware splits off from Dell, continues independently

VMware splits off from Dell, continues independently

Dell and VMware have announced that they are parting ways. Dell had owned VMware since its acquisition of EMC, but the companies both hope to become less unwieldy by moving forward independently. For the separation, VMware will pay a dividend of between 11.5 billion and 12 billion dollars (about... Read more

date3 years ago