- Apr 26, 2015
- 815
- Content source
- https://thehackernews.com/2015/10/dell-acquire-emc.html
Yes, Dell is going to acquire data storage company EMC in a deal worth $67 BILLLLLLION – the largest tech deal of all time. It's record-breaking...
Computing giant Dell on Monday finally confirmed that the company is indeed going to purchase the company for creating what it calls "the world’s largest privately-controlled, integrated technology company."
Most of you might not have heard of EMC corporation, but it is a tech titan that operates many of the services you use nowadays.
EMC offers data center storage and data processing for big technology companies, and now it is been acquired by Dell.
However, VMware Inc. will remain an independent, publicly trading company under EMC on the New York Stock Exchange (NYSE).
Computing giant Dell on Monday finally confirmed that the company is indeed going to purchase the company for creating what it calls "the world’s largest privately-controlled, integrated technology company."
Most of you might not have heard of EMC corporation, but it is a tech titan that operates many of the services you use nowadays.
EMC offers data center storage and data processing for big technology companies, and now it is been acquired by Dell.
The acquisition will benefit Dell to create a new company that will sell a broad range of both consumer as well as IT products, including:"The combination of Dell and EMC creates an enterprise solutions powerhouse bringing our customers industry leading innovation across their entire technology environment," Michael Dell, CEO and chairman of Dell, said in a statement.
- Personal computers
- Servers and data storage services for use in corporate data centers
- Virtualization software that allows those data centers to run efficiently
However, VMware Inc. will remain an independent, publicly trading company under EMC on the New York Stock Exchange (NYSE).