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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 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.
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. Penalty
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 ...
Paul Sakuma/AP By Eileen O'Grady and Poornima Gupta ROUND ROCK, Texas and SAN FRANCISCO -- Dell's special committee and the buyout group led by company founder and Chief Executive Michael Dell are ...
Target company Target business Acquirer country Value References October 9, 2000: Finali NetSage Help software United States — October 16, 2008: Stream Global Services: Contact Centre-San Salvador Manufacturing United States — November 2, 2016 NTT Data Dell Services/Perot Systems IT service provider Japan 3,100,000,000
Michael Dell and some of his associates own 16% of Dell Inc.'s (NASDAQ: DELL) shares. This block has set a planned leveraged buyout (LBO). Southeastern Asset Management and T. Rowe Price, which ...
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.