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Dell To Acquire Emc In $67 Billion Record Tech Deal


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File photo: Michael Dell

 

 

Computer maker Dell Inc said on Monday it had agreed to buy data storage company EMC Corp in a $67 billion record technology deal that will unite two mature companies and create an enterprise tech powerhouse.


The acquisition will help privately held Dell diversify away from a stagnant personal-computer market and give it greater scale in the faster-growing and more lucrative market for managing and storing data for enterprises.

 

"Dell wants to become the old IBM Corp, a one-stop shop for corporate clients. That model fell apart a couple of decades ago. Reviving it would be a stunning coup for Dell," said Erik Gordon, clinical assistant professor at the University of Michigan's Ross School of Business.


The deal values EMC at $33.15 a share. Dell will pay $24.05 per share in cash and will also give EMC shareholders a special stock that tracks the share price in virtual software provider VMWare Inc.

"The combination of Dell and EMC creates an enterprise solutions powerhouse," said Michael Dell, who will lead the combined company as chairman and chief executive.

 

 

 

Posted

EMC employees ni teesi 10gali  CITI_c$y  CITI_c$y

 

Why re bolls.. vallu em chesaru nennu  :3D_Smiles_38:  :3D_Smiles_38:

Posted

Now Amazon and Cisco will shake little bit..Amazon will shake because dell hardware is cheap , emc hardware is expensinve because they are not making hardware..so combination will get cheaper product now if we compare cloud price with enterprise the enterprise will come way cheaper..Micheal dell is tough guy like Steve Jobs he can make difference

Posted

Now Amazon and Cisco will shake little bit..Amazon will shake because dell hardware is cheap , emc hardware is expensinve because they are not making hardware..so combination will get cheaper product now if we compare cloud price with enterprise the enterprise will come way cheaper..Micheal dell is tough guy like Steve Jobs he can make difference

 

Agreed valid points unnai 

Posted

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Posted

Just got email

 

Dear Valued EMC Customer,
I am reaching out to inform you of our announcement this morning that Michael S. Dell, MSD Partners, and Silver Lake are leading a transaction to combine Dell and EMC, which will create the world’s largest privately-controlled, end-to-end technology company. This new structure will further provide us with the flexibility and agility to focus 100 percent on you, our customers, and invest for long-term results to deliver best-in-class integrated solutions. The combined company will continue our unyielding dedication to customers worldwide, while also creating a new company to better navigate and innovate in a new era in IT. We will provide updates to you as we move forward with bringing our two companies together. In the meantime, I invite you to visit our microsite, where you can find current information regarding this news.
Following completion of the transaction, Michael will lead the combined company as chairman and chief executive officer, and I will continue as chairman and chief executive officer of EMC until the transaction closes. We believe this transaction will create a new leader in the most critical areas of the $2 trillion information technology market, including Digital Transformation, Software Defined Data Center, Hybrid Cloud, Converged Infrastructure, Mobile and Security.
0.jpeg.of.ashx?Data=5a32be80d67e159f81b9 
Joseph M. Tucci
Chairman and Chief Executive Officer, EMC
 
Posted


Just got email

Dear Valued EMC Customer,
I am reaching out to inform you of our announcement this morning that Michael S. Dell, MSD Partners, and Silver Lake are leading a transaction to combine Dell and EMC, which will create the world’s largest privately-controlled, end-to-end technology company. This new structure will further provide us with the flexibility and agility to focus 100 percent on you, our customers, and invest for long-term results to deliver best-in-class integrated solutions. The combined company will continue our unyielding dedication to customers worldwide, while also creating a new company to better navigate and innovate in a new era in IT. We will provide updates to you as we move forward with bringing our two companies together. In the meantime, I invite you to visit our microsite, where you can find current information regarding this news.
Following completion of the transaction, Michael will lead the combined company as chairman and chief executive officer, and I will continue as chairman and chief executive officer of EMC until the transaction closes. We believe this transaction will create a new leader in the most critical areas of the $2 trillion information technology market, including Digital Transformation, Software Defined Data Center, Hybrid Cloud, Converged Infrastructure, Mobile and Security.
0.jpeg.of.ashx?Data=5a32be80d67e159f81b9
Joseph M. Tucci
Chairman and Chief Executive Officer, EMC


Bujji uncle, Nee email kosam waiting :d
Posted

 

Just got email

 

Dear Valued EMC Customer,
I am reaching out to inform you of our announcement this morning that Michael S. Dell, MSD Partners, and Silver Lake are leading a transaction to combine Dell and EMC, which will create the world’s largest privately-controlled, end-to-end technology company. This new structure will further provide us with the flexibility and agility to focus 100 percent on you, our customers, and invest for long-term results to deliver best-in-class integrated solutions. The combined company will continue our unyielding dedication to customers worldwide, while also creating a new company to better navigate and innovate in a new era in IT. We will provide updates to you as we move forward with bringing our two companies together. In the meantime, I invite you to visit our microsite, where you can find current information regarding this news.
Following completion of the transaction, Michael will lead the combined company as chairman and chief executive officer, and I will continue as chairman and chief executive officer of EMC until the transaction closes. We believe this transaction will create a new leader in the most critical areas of the $2 trillion information technology market, including Digital Transformation, Software Defined Data Center, Hybrid Cloud, Converged Infrastructure, Mobile and Security.
0.jpeg.of.ashx?Data=5a32be80d67e159f81b9 
Joseph M. Tucci
Chairman and Chief Executive Officer, EMC

 

 

Hoping you will get the Job bujje.. All the best buddy  :police:

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