PC maker Dell in talks to buy EMC: Report
9 years, 5 months ago

PC maker Dell in talks to buy EMC: Report

Firstpost  

Dell is in talks to buy EMC and is also talking with banks to finance an all-cash offer for the data storage company, a person familiar with the matter told Reuters on condition of anonymity because the negotiations are confidential. The deal could further strengthen the world’s third largest personal computer maker’s presence among corporate clients at a time when Michael Dell has been trying to transform the company he founded in 1984 into a complete provider of enterprise computing services such as Hewlett-Packard Co and IBM. Dell spokesman David Flink declined to comment while EMC could not be reached for comment outside regular U.S. business hours. Dell ranked third in global PC shipments in the second quarter after Lenovo Group Ltd and HP, according to research firm International Data Corp. Reuters

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History of this topic

Dell Technologies Inc expected to cut around 2,000 jobs after acquiring EMC Corp
8 years, 6 months ago

Dell Technologies Inc expected to cut around 2,000 jobs after acquiring EMC Corp

Firstpost  

The billion dollar Dell EMC acquisition at $60 billion plus would establish Dell’s presence in the storage and cloud space but it comes at a price. American multinational Dell Technologies Inc has taken a big step forward by acquiring EMC Corporation, that sells data storage, information security, analytics and much more. The acquisition came at a price of $60 billion …

World's largest technology merger between Dell and EMC comes into effect
8 years, 6 months ago

World's largest technology merger between Dell and EMC comes into effect

Firstpost  

As the world’s largest technology merger between EMC and Dell formally came into being on Wednesday, the driving force behind the $67 billion marriage, Michael Dell, said that this was just the beginning and “the real show is just getting started,” in the coming digital revolution. In response to a question, Dell said that they had chosen the path of …

Dell-EMC to be biggest merger in tech history, says CEO Michael Dell
8 years, 10 months ago

Dell-EMC to be biggest merger in tech history, says CEO Michael Dell

Firstpost  

The combined enterprise business, though, would go by the name of Dell-EMC, he announced. Las Vegas: Michael Dell announced at the casino capital of the world that the biggest merger in tech history will be called Dell Technologies. “It has a nice sound to it,” the chairman and CEO of Dell, which last year announced the $70 billion merger with …

Dell heads for the clouds in record tech-takeover of EMC
9 years, 5 months ago

Dell heads for the clouds in record tech-takeover of EMC

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The computer firm Dell has …

Dell agrees record $67b EMC deal
9 years, 5 months ago

Dell agrees record $67b EMC deal

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Dell has agreed to buy EMC Corp, a data storage company for $67 …

Dell plans to use VMware to help pay for EMC deal: Report
9 years, 5 months ago

Dell plans to use VMware to help pay for EMC deal: Report

Firstpost  

Dell is planning to use equity in cloud software company VMware to help pay for its acquisition of EMC in a deal valuing the data storage company at more than $55 billion Dell is planning to use equity in cloud software company VMware to help pay for its acquisition of EMC in a deal valuing the data storage company at …

Lenovo in talks to buy IBM unit[1]- Chinadaily.com.cn
11 years, 2 months ago

Lenovo in talks to buy IBM unit[1]- Chinadaily.com.cn

China Daily  

A Lenovo Group Ltd shop in Hefei, Anhui province. Lenovo has resumed talks to buy IBM's low-end server unit, a move that would bolster its efforts to diversify beyond a shrinking PC market. Reuters Acquiring low-end server business called a win-win deal for both sides Buying IBM Corp's server unit will help Lenovo Group Ltd to become the biggest x86 …

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