Dell, EMC, Dell Technologies, Cisco,

Wednesday, September 7, 2016

Dell Closes $60 Billion Merger with EMC

#Dell Inc. Wednesday said it completed its $60 billion deal to acquire #EMC Corp., the largest technology merger in history. The new company, to be named #DellTechnologies, aims to be a one-stop shop for information technology sold to business. The company employs about 140,000 people globally and will maintain operations in Hopkinton, Mass., where EMC was located. With $74 billion in revenue, Dell Technologies will be the world’s largest privately controlled tech company. “With the supply chain that we have and the go-to-market strength and the scale, we feel very well positioned both in the new areas of technology and in the existing areas of technology today,” said Dell Technologies CEO Michael Dell in an interview.

http://www.wsj.com/articles/dell-closes-60-billion-merger-with-emc-1473252540

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