Austin American-Statesman - - BUSINESS - Con­tact Lilly Rock­well at 512445-3632.

com­pany cre­ated when it pur­chased EMC.

Known by the ticker sym­bol DVMT, the track­ing stock was de­signed to track Dell’s eco­nomic in­ter­est in VMware.

An­a­lysts in par­tic­u­lar are watch­ing Dell’s debt pay­ments be­cause the com­pany took on sig­nif­i­cant amounts of debt to pay for the EMC deal.

The com­pany said Thurs­day that it has paid off about $7 bil­lion in debt. Dell Tech­nolo­gies now has $50.4 bil- lion in debt re­main­ing.

“We re­main fo­cused on our plan to de-lever­age,” chief fi­nan­cial of­fi­cer Tom Sweet said dur­ing Thurs­day’s con­fer­ence call with an­a­lysts. He re­peated this phrase sev­eral times through­out the call.

For the full year, Dell Tech­nolo­gies had $61.6 bil­lion in sales and a loss of $3.7 bil­lion. Its re­sults are af­fected by costs and ac­count­ing ad­just­ments re­lated do the EMC trans­ac­tion.

Dell Tech­nolo­gies used to be called just “Dell” prior to its pur­chase of EMC. As part of the merger of the two com­pa­nies, Dell changed its name to Dell Tech­nolo­gies.

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