A Dell Technologies IPO plan could be in the making -- and the revised strategy may no longer include acquiring a tracking stock and a big dividend payout.Indeed, Dell apparently is speaking with investment bankers this week about a more traditional IPO (initial public offering), according to multiple reports.The discussions may indicate that Dell is scrapping a plan to acquire its publicly traded DVMT tracking stock and pay a big dividend to those shareholders. Critics of that proposed deal include Elliott Management Corp., Canyon Capital Advisors LLC and activist investor Carl Icahn, Reuters notes.Revenue rose 18 percent to $22.9 billion. Solutions Group revenue was $9.2 billion, a 24 percent increase. Storage ($4.2 billion, up 13 percent), servers and networking ($5.1 billion, up 34 percent) all showed momentum. Client Solutions Group revenue for the second quarter was $11.1 billion, up 13 percent. Commercial revenue (up 13 percent to $8.1 billion) and Consumer revenue (up 14 percent to $3.0 billion) in the group both showed momentum. The company is feeling bullish about its business, and raised its financial guidance for the rest of its fiscal year 2019.
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