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Dell is a subsidiary of Dell Technologies, Inc., a publicly traded company, as well as a component of the NASDAQ-100 and S&P 500. Dell is ranked 31st on the Fortune 500 list in 2022, [8] up from 76th in 2021. [9] It is also the sixth-largest company in Texas by total revenue, according to Fortune magazine.
Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, and Round Rock, Texas, United States. Dell EMC sells data storage , information security , virtualization , analytics, cloud computing and other products and services that enable organizations to store, manage, protect, and ...
On January 9, 2004, under the terms of the definitive agreement announced on December 15, 2003, EMC (now Dell EMC) acquired the company with US$625 million in cash. On August 14, 2007, EMC sold 15% of VMware to the public via an initial public offering. Shares were priced at US$29 per share and closed the day at US$51.
Computer-maker Dell Inc struck a deal on Monday to buy data storage company EMC Corp for $67 billion, setting a record in the technology industry, as it tries to transform itself into a giant in ...
Dell has agreed to buy EMC Corporation for a deal worth $67 billion. While EMC isn't a household name, some of its products and subsidiaries are. In addition to selling cloud services, storage and ...
Paul Sakuma/AP By Greg Roumeliotis and Jim Finkle Computer-maker Dell struck a deal Monday to buy data storage company EMC for $67 billion, setting a record in the technology industry, as it tries ...
Michael Dell received a 75% stake in the company. On October 12, 2015, Dell Inc. announced its intent to acquire the enterprise software and storage company EMC Corporation. At $67 billion, it has been labeled the "highest-valued tech acquisition in history". The acquisition was finalized September 7, 2016.
The Dell deal has become the largest buyout deal since the 2008 U.S. financial crisis. As Motley Fool's Investor Beat detailed the other day, it is an intricately layered beast .