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Dell to Buy EMC in Largest Technology Deal Ever |
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Monday, October 26, 2015 |
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Striking the largest technology takeover ever, the computer maker Dell and the investment firm Silver Lake confirmed on Monday that they would acquire EMC for about $67 billion.
The buyout of EMC will be the latest stage in Dell’s evolution from a pioneering manufacturer of personal computers to a provider of services for businesses. The acquisition of EMC brings Dell one of the biggest names in computer data storage, adding to existing offerings like network servers, corporate software and mobile devices.
After the completion of the deal, VMware will remain as an independent company. |
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