Dell to buy EMC in largest tech deal ever

Rubric: Dell | 12 Oct 2015 | no comments yet »
Dell to buy EMC in largest tech deal ever

Dell Reported to Announce $50 Billion ‘Biggest Deal in Tech’ Later Today. According to several reports, the ‘largest-ever technology merger’ is set to be announced later today — and it’s between Dell and storage technology firm EMC, in a deal said to be worth over $50 billion.Dell will announce Monday that it’s acquiring data storage provider EMC, according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software maker VMware valued at about $8 for each EMC share, said the person. It’s said that the deal has been incredibly ...

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Dell to Buy EMC for $65 Billion, a Record Takeover in Technology

Rubric: Dell | 12 Oct 2015 | no comments yet »
Dell to Buy EMC for $65 Billion, a Record Takeover in Technology

Dell Reported to Announce $50 Billion ‘Biggest Deal in Tech’ Later Today. According to several reports, the ‘largest-ever technology merger’ is set to be announced later today — and it’s between Dell and storage technology firm EMC, in a deal said to be worth over $50 billion. Dell will announce Monday that it’s acquiring data storage provider EMC, according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger.EMC Corp., the state’s biggest technology company, is reportedly poised to be acquired by computer maker Dell Inc. for more than $53 billion, a deal that could breathe new life into the Hopkinton company ...

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EMC sale to Dell may be finalized Monday

Rubric: Dell | 12 Oct 2015 | no comments yet »
EMC sale to Dell may be finalized Monday

Dell may acquire data storage company EMC for a massive $50B. EMC Corp., the state’s biggest technology company, is reportedly poised to be acquired by computer maker Dell Inc. for more than $53 billion, a deal that could breathe new life into the Hopkinton company even as it portends layoffs.New York: Dell Inc. will announce on Monday that it’s acquiring data storage provider EMC Corp., according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software maker VMware Inc. valued at about $8 for each EMC share, said the person, who asked not ...

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Dell may acquire data storage company EMC for a massive $50B

Rubric: Dell | 12 Oct 2015 | no comments yet »
Dell may acquire data storage company EMC for a massive $50B

Dell plans to pay slightly more than $25 a share in cash, plus tracking stock for VMware valued at about $8 for each EMC share, according to Bloomberg. It would be the largest takeover in the history of the tech industry. EMC will have 60 days to look for a better offer, Reuters reported.. EMC Corp., the state’s biggest technology company, is reportedly poised to be acquired by computer maker Dell Inc. for more than $53 billion, a deal that could breathe new life into the Hopkinton company even as it portends layoffs.New York: Dell Inc. will announce on Monday that it’s acquiring data storage provider EMC Corp., according to a person familiar with the matter, creating a corporate-computing ...

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Dell. EMC. HP. Cisco. These Tech Giants Are the Walking Dead

Rubric: Dell | 12 Oct 2015 | no comments yet »
Dell. EMC. HP. Cisco. These Tech Giants Are the Walking Dead

Dell may acquire data storage company EMC for a massive $50B. (By Liana B. New York: Dell Inc. will announce on Monday that it’s acquiring data storage provider EMC Corp., according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software maker VMware Inc. valued at about $8 for each EMC share, said the person, who asked not to be identified because the information isn’t public. EMC has asked for a ‘go-shop’ provision to be included in the merger agreement that will allow it to solicit bids from other parties and pay a discounted breakup ...

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Exclusive: EMC to shop itself after deal with Dell

Rubric: Dell | 12 Oct 2015 | no comments yet »
Exclusive: EMC to shop itself after deal with Dell

Dell said set to reveal EMC acquisition today at about $33 a share. New York: Dell Inc. will announce on Monday that it’s acquiring data storage provider EMC Corp., according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software maker VMware Inc. valued at about $8 for each EMC share, said the person, who asked not to be identified because the information isn’t public. The deal hasn’t been signed yet because the parties as of late Sunday were still negotiating a so-called collar around the VMware stock, the person said. In a stock merger ...

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Exclusive: EMC to shop itself after deal with Dell

Rubric: Dell | 12 Oct 2015 | no comments yet »
Exclusive: EMC to shop itself after deal with Dell

Dell said set to reveal EMC acquisition today at about $33 a share. New York: Dell Inc. will announce on Monday that it’s acquiring data storage provider EMC Corp., according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software maker VMware Inc. valued at about $8 for each EMC share, said the person, who asked not to be identified because the information isn’t public. The deal hasn’t been signed yet because the parties as of late Sunday were still negotiating a so-called collar around the VMware stock, the person said. In a stock merger ...

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Dell to announce EMC merger tomorrow morning

Rubric: Dell | 12 Oct 2015 | no comments yet »
Dell to announce EMC merger tomorrow morning

Dell said set to reveal EMC acquisition today at about $33 a share. New York: Dell Inc. will announce on Monday that it’s acquiring data storage provider EMC Corp., according to a person familiar with the matter, creating a corporate-computing giant in the largest-ever technology merger. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software maker VMware Inc. valued at about $8 for each EMC share, said the person, who asked not to be identified because the information isn’t public. The deal hasn’t been signed yet because the parties as of late Sunday were still negotiating a so-called collar around the VMware stock, the person said. In a stock merger ...

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Dell to Reveal EMC Purchase on Monday

Rubric: Dell | 12 Oct 2015 | no comments yet »
Dell to Reveal EMC Purchase on Monday

Dell said to offer EMC $33 a share With VMware stock. Dell plans to pay slightly more than $25 a share in cash, plus tracking stock in cloud software company VMware Inc. valued at about $8 for each EMC share, said the person, who asked not to be identified because the matter isn’t public. Chinese technology giant Lenovo’s goal of building a US$5-billion-a-year global enterprise business faces a strong challenge as personal-computing rival Dell attempts to take over storage-systems titan EMC.Dell Inc. is in advanced talks to buy EMC Corp., people briefed on the matter said, potentially uniting two stalwarts of the technology industry under pressure to revive their businesses. The deal hasn’t ...

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Exclusive: EMC to shop itself after deal with Dell

Rubric: Dell | 12 Oct 2015 | no comments yet »
Exclusive: EMC to shop itself after deal with Dell

Dell said to offer EMC $33 a share With VMware stock. Chinese technology giant Lenovo’s goal of building a US$5-billion-a-year global enterprise business faces a strong challenge as personal-computing rival Dell attempts to take over storage-systems titan EMC. Dell Inc. is in advanced talks to buy EMC Corp., people briefed on the matter said, potentially uniting two stalwarts of the technology industry under pressure to revive their businesses. Dell’s proposed merger with EMC, first reported last week, has been estimated to cost between US$50 billion and US$60 billion, which would make it the biggest technology deal of all time. The proposal includes a tracking stock in VMware Inc valued ...

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