Dell says biz transformation continues. Translation: More layoffs
This follows the tech giant's August plan to cut 12,500 jobs
Systems
11 Sep 2024 | 4
SecureWorks' sorry IPO falls $48m short of aim
In the first initial public offering of the year in the technology sector, Dell's infosec subsidiary SecureWorks has raised much less than expected. Despite plans to raise $160m with the IPO, Dell has pocketed only $112m after selling eight million shares at $14, merely 70 per cent of its aim. The squib of an IPO is …
Biting the hand that feeds IT
