Tuesday, October 13, 2015

IBM CEO Ginny Rometty doesn't really care that Dell is buying EMC.

#IBM CEO @GinnyRometty isn't terribly concerned that her competitor @Dell is buying her other competitor, @EMC, in a $67 billion deal that will create a mammoth company.
Rometty was talking at Fortune's Most Powerful Women Summit going on this week in Washington, D.C. when her interviewer, Fortune editor Alan Murray, asked her about the merger.
Rometty shrugged it off. 
"You build your own strategy. You don't define it by what another competitor is doing," she says, adding that she's been deliberately transforming IBM to get out of most of the businesses where Dell and EMC compete.
"When I look at the #IBM of today versus those companies, our profiles are entirely different. So you make your choice on strategy," she said. "Some people make their choice on size, I happen to not be a believer in that. I've often said, especially in an industry that's clamoring for growth, if I wanted size, I wouldn't have divested $8 billion of businesses."

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