With all the spinoff excitement, Forbes looks ahead at the next brands that might be granted independence by their corporate overlords. Ebay(EBAY)’s StubHub. StubHub dominates live event ticket reselling. On the heels of a successful spinoff of PayPal, perhaps Ebay will go back to the well and spin off StubHub. Time Warner(TWX)’s HBO. Time Warner is no stranger… Read More »
In July, we reported that VMWare(VMW) had plans to spin off its CloudFoundry business. Two days later, we reported that the company denied the rumor in an internal memo. Now, GigaOm is reporting that the spinoff is on. Its is expected that the move will be announced next week. The report states that all non-core VMWare divisions will… Read More »
Earlier this week, we reported on rumors that VMWare(VMW) and EMC(EMC) were planning to spin off their cloud assets into a new company. Today, CRN reports that the company called the rumors ‘unfounded’ in an internal memo. In an internal memo Tuesday, VMware instructed its corps of global spokespeople to address questions about the rumored spin-offs by answering… Read More »
It’s been five years since EMC(EMC) spun off a minority stake in VMware(VMW). Today, GigaOm reports that EMC, which owns around 80% of VMware, plans to spin out cloud assets from each company into a newly independent company. No word yet on what structure the spinoff will take or how it will be handled, but a surprising amount… Read More »