Carl Icahn buys stake in software provider VMware

Icahn’s stake is said to be below the 5 per cent limit that warrants public disclosure

Reuters April 18, 2018
Billionaire activist investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York February 11, 2014. PHOTO: REUTERS

Billionaire investor Carl Icahn has acquired a stake in cloud computing platform VMware, CNBC reported on Tuesday.

Icahn’s stake is said to be below the 5 per cent limit that warrants public disclosure, CNBC said, mentioning that a particular agenda for anything specific from VMware or Dell is unclear.

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Computer maker Dell, which owns 80 per cent of VMWare, said in February it was exploring a public offering or a combination of VMware.

In 2013, Icahn had unsuccessfully attempted to block Michael Dell’s $25 billion offer to take Dell private.

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VMware declined to comment on the report. Carl Icahn or his representatives were not immediately available to comment outside of regular US business hours.

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