Subsequent Events (Notes)

1 Months Ended

Apr. 30, 2013

Subsequent Events [Abstract]

Subsequent Events [Text Block]

On April 1, 2013, EMC and VMware formed GoPivotal, Inc. (“Pivotal”) to focus on Big Data Analytics and Cloud Applications Platforms. Pursuant to a series of agreements, EMC contributed substantially all net assets and liabilities, including intellectual property and employees, related to its Greenplum and Pivotal Labs businesses. VMware contributed substantially all assets and liabilities, including intellectual property and employees, related to certain of its Cloud Application Platform products and services, including Cloud Foundry, VMware vFabric (including Spring and GemFire), and Cetas organizations. On April 24, 2013, we announced that General Electric Company (GE) intends to make a strategic investment of approximately $105.0 million, representing 10% of Pivotal's outstanding equity. After GE's investment, EMC will have a 62% interest, VMware will have a 28% interest and EMC consolidated will have an 84% interest in Pivotal's outstanding equity, after considering the non-controlling interest. Beginning in the second quarter of 2013, EMC will consolidate the results of Pivotal in EMC's consolidated financial statements and Pivotal will be a separate reportable segment.