Dell to Acquire EMC for $50 Billion



/ 2 years ago

Dell EMCIn what is expected to be one of the largest tech takeovers ever, Dell is set to wholly acquire enterprise giant EMC on Monday. This follows up a string of other storage-related acquisitions and purchases as well as others relating to computing as a whole. Dell itself was also taken over not too long ago by founder Michael Dell who took the company private with help from Silver Lake.

Dell managed to regain control of his namesake company back in 2013 with a $25 billion investment. At double that amount, EMC may prove a tough pill to swallow. No one knows the pains of acquiring a company valued over twice of their own than AMD, who suffered massive issues in the wake of their relatively miniscule $5.6 billion takeover of ATI. At double its value, the EMC purchase will rely heavily on bonds, something that may be risky given the current financial situation.

The move to acquire Dell does make a whole lot of sense as firm pivots away from a consumer focus and towards the more lucrative enterprise market. EMC either owns or holds a stake in a wide range of enterprise business with names like VMware, RSA Security, Iomega and Syncplicity. It will be interesting to see how these two tech giants merge and manage their huge portfolio.

Thank you re/code for providing us with this information 


Topics: , , , , , ,

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!


Optimized with PageSpeed Ninja