Pivotal files for $129m IPO

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Pivotal files for $129m IPO

But move unlikely to figure in Dell's return to stock market.

Dell's cloud subsidiary Pivotal has filed for an IPO worth US$100 million (A$129 million). But Dell Technologies will retain its controlling share through other subsidiaries like VMware, and is set to snap up 351 million class B shares, which offer ten times as many voting rights as class A ...

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