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EMC acquisition. 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.
The proposed acquisition will maintain VMware as a separate company, held via a new tracking stock, while the other parts of EMC will be rolled into Dell. Once the acquisition closes Dell will again publish quarterly financial results, having ceased these on going private in 2013. The combined business was expected to address the markets for ...
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 ...
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 ...
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 ...
This list of Dell ownership activities delineates mergers, acquisitions, divestitures, and stakes of Dell. Acquisitions and mergers. Date Company Industry
Documentum is an enterprise content management platform currently developed by OpenText. EMC acquired Documentum (the company who originally developed the Documentum platform) for US$1.7 billion in December 2003. [1] The Documentum platform was part of EMC's Enterprise Content Division (ECD) business unit, one of EMC's four operating divisions.
Development began with the founding of Data Domain, and continued since that company’s acquisition by EMC Corporation (and EMC’s later merger with Dell to form Dell EMC). History [ edit ] The technology started in a separate company, which was then acquired and re-branded twice.