Dell acquisition of EMC for $67 Billion creates new wave in Enterprise business

In a bid to transform itself from a PC manufacture to a computing powerhouse, Dell has sealed a deal to acquire EMC for a sum of $67 billion. This merger is one of the largest takeovers in the history of technology industry. With this Dell will be more powerful to serve customers across all key enterprise computing segments. The deal would make Dell a Premier End-to-End Technology Company.

Dell will offer EMC shareholders $33.15 per share in a deal that includes EMC subsidiary VMware as a tracking stock that amounts to about $9 per share. The deal includes $40 billion in financing from SilverLake.

This deal is creating history in every possible way in the competitive IT business and enterprise computing market. Now, Dell is all poised to become the leader in the enterprise segment with a large portfolio of products in the enterprise technology segment, including servers, storage, virtualization, networking, cloud computing services, security, big data and IT services...Read more