Dell, VMWare decide to explore options including merger - sources

U.S. computer maker Dell Technologies Inc and business software provider VMware Inc have decided to explore options that could include a potential merger of the two companies, people familiar with the matter said on Thursday.

VMware is 80 percent-owned by Dell.

Dell plans to announce as early as Friday that it will review a possible reverse merger with VMware, as well as other alternatives, including an initial public offering or asset divestitures, the sources said.

VMware plans to announce that it will form a special committee of board directors to consider a combination with Dell, the people added.

The sources asked not to be identified because the matter is confidential. Dell and VMWare did not immediately respond to requests for comment

(REUTERS)