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.