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October 11, 2015

Today’s News


Dell Acquires EMC for $67 billion in the Biggest Deal of Tech history

dell   The tech world woke up this morning to news of a major merger. EMC is due to be purchased by Dell for a whopping $67 billion, which makes it the largest deal in  industry history. The acquisition will be made by Michael Dell, his investment vehicle MSD partners, the private-equity firm Silver Lake, and the Singaporean sovereign wealth fund Temasek. Acquisition of the IT giant establishes Dell’s status as one of the world’s leading IT vendors, following the huge footsteps of mega corporations IBM and Microsoft. Dell’s ongoing evolutionary process of becoming a wide range technology company from a once PC-only company, shows how important flexibility and development is in this age of technology. After buying Dell private for $24 billion in a collaboration with Silver... Read this article »

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