Simpson Thacher is representing Dell Inc. in connection with the announced sale of Dell Software Group to affiliates of Francisco Partners and Elliott Management in a transaction valued at $2.4 billion, plus net cash, subject to customary adjustments. The transaction is subject to customary regulatory review.
Dell Inc., based in Round Rock, Texas, delivers worldwide innovative technology, business solutions and services. Dell Software Group’s portfolio of solutions span a number of areas critical to the modern business and IT management landscape, including advanced analytics, database management, data protection, endpoint systems management, identity and access management, Microsoft platform management, network security, and performance monitoring.
The Simpson Thacher team included Atif Azher, Christopher May, Daniel Saposnik, Jim Cross, Aditi Sherikar, Violeta Foreman and Robert Fannion (M&A); Jennifer Hobbs (Credit); Kenneth Wallach and Daniel Webb (Capital Markets); Tanvi Mirani (Tax); Lori Lesser, Marcela Robledo and Amber Harezlak (Intellectual Property); Tristan Brown and Paul Barrus (Executive Compensation and Employee Benefits); Adeeb Fadil and Louise Kruger (Environmental); Krista McManus (Real Estate); and Peter Thomas, Ellen Frye, William Kearney, David Shogren and Adrienne Baxley (Antitrust).