The biggest tech deal ever: Dell buys EMC for $67 billion

  • 12 October 2015
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By David Goldman  12th October 2015
 

In the biggest tech deal of all time, Dell announced Monday that it has agreed to buy corporate software, storage and security giant EMC for $67 billion.

 
The deal completes Dell's transformation from a consumer PC business to an IT solutions provider for companies. That process began when Dell bought Perot Systems for $4 billion in 2009 and went full throttle in 2013 when company founder Michael Dell took the business private.
 
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Userlevel 7
Woah! That is a bit of a departure for Dell...obviously the hardware market is not that good a place to be if it has to diversify in this way. :S
Userlevel 7
Woah indeed.  That 'little' merger entials quite a few things.
 
Nice article ?, thanks!  ;)
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Thank you David 😉

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