Michael Dell Calls Gelsinger VMware’s Long-Term CEO

Dell Technologies CEO Michael Dell says VMware chief Pat Gelsinger will stay on at the helm of the company, putting to rest speculation that Mr. Gelsinger would leave in the wake of Dell’s $67 billion takeover of VMware and its majority owner EMC.

“Pat is the long-term CEO of VMware. No question,” Mr. Dell said in a text message to The Information Thursday morning. Dell’s purchase of EMC, which owns 81% of VMware, closed last week.

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For Mr. Dell, an end to the infighting between EMC and VMware will make it easier to get value from the acquisition. Dell’s purchase of EMC, the largest tech deal in history which took 11 months to close, gives Dell access to VMware’s network and storage virtualization technologies, which are two of its fastest-growing businesses. Network virtualization turns high-end networking functions into software that can run on less expensive networking hardware. This could improve Dell’s ability to compete with Cisco Systems. Storage virtualization saves companies money by reducing the amount of hardware needed to store data. Mr. Dell has described VMware as the “crown jewel” of the $60 billion Dell-EMC acquisition.

A VMware spokesperson said Mr. Gelsinger wasn’t available for comment.

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Mr. Gelsinger, a widely respected tech executive who worked at Intel for 30 years and EMC for three years before joining VMware in 2012, had a reputation for fiercely defending VMware’s independence.