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Michael Dell takes chairman seat on VMware board

Former VMware board chairman Joseph Tucci is resigning, along with John Egan, who's been a director on the VMware board since 2007.
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Written by Natalie Gagliordi, Senior Writer on
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Dell founder Michael Dell.

Dell this morning officially closed its $67 billion acquisition of EMC Federation and the portfolio of tech brands under EMC's umbrella.

As the resulting company takes shape, Dell founder Michael Dell, who remains the chairman and CEO of the newly minted Dell Technologies, has just been named chairman of the board for VMware.

Former VMware board chairman Joseph Tucci is resigning, along with John Egan, who's been a director on the VMware board since 2007. Egon Durban, managing partner and director of private equity firm Silver Lake, will take Egan's empty seat.

Dell first announced its acquisition of EMC last October, saying the resulting conglomerate would create the largest "privately-controlled, integrated technology company".

There's certainly truth in this claim given the current slim-down trend in Silicon Valley, where both Hewlett Packard Enterprise and IBM have been shedding tech commodities to focus on growth markets.

SEE ALSO: Dell Technologies lifts off: Here's what to watch as Dell, EMC, a bevy of enterprise businesses combine

But if Michael Dell's vision pans out, the new behemoth that is Dell Technologies will be more nimble and innovative, and not hindered by its size.

"We are at the dawn of the next industrial revolution. Our world is becoming more intelligent and more connected by the minute, and ultimately will become intertwined with a vast Internet of Things, paving the way for our customers to do incredible things," said Michael Dell, in a press release. "This is why we created Dell Technologies. We have the products, services, talent and global scale to be a catalyst for change and guide customers, large and small, on their digital journey."

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