Dell’s Pivotal Software Seeks Near $600 Million for its IPO

Silicon Valley-based Pivotal Software, a spin off of Dell-EMC, plans to raise up to $592 million in an initial public offering (IPO) of 37 million Class A shares priced between $14 to $16. The San Francisco-based company lists backers such as Michael Dell, Silver Lake Partners, Dell Technologies, EMC, VMWare, General Electric, and Ford Motor.