YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Dell to buy EMC for $67B in biggest tech merger ever

Posted online
In the biggest tech deal of all time, Dell announced Monday that it has agreed to buy corporate software, storage and security giant EMC for $67 billion.

The deal would complete Dell's transformation into an information technology solutions provider for companies from a consumer PC business. In 2009, Dell bought Perot Systems for $4 billion, and the plan took off in 2013 when company founder Michael Dell took the business private, according to CNNMoney.

"The combination of Dell and EMC creates an enterprise solutions powerhouse," said Dell in a prepared statement. "Our new company will be exceptionally well-positioned for growth in the most strategic areas of next generation IT."

Read more from CNNMoney.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Republic Intermediate School

The Republic School District is on track to open its Intermediate School for fifth- and sixth-grade students for the 2025-26 academic year.

Most Read
Update cookies preferences