Font Size

- Aa +

Tue 13 Oct 2015 12:51 PM

Font Size

- Aa +

Dell buys EMC for $67bn

In the biggest tech merger in history, Dell announced that it has agreed to buy corporate software, storage and security giant EMC for $67 billion.

Dell buys EMC for $67bn
An exterior view of EMC Corporation world headquarters on October 12, 2015, in Hopkinton, Massachusetts. In the biggest tech merger in history, Dell announced that it has agreed to buy corporate software, storage and security giant EMC for $67 billion. (Getty Images)
Dell buys EMC for $67bn
A satellite dish of EMC Satcom Technologies stands at the Raisting earth station facility near a chapel on June 4, 2015 near Weilheim in Oberbayern, Germany. The EMC earth station at Raisting provides satellite-based communications for aid organizations, the United Nations and emerging markets. (Getty Images)
Dell buys EMC for $67bn
US President Barack Obama talks with an employee at EMC Precision Machining during a tour of the plant in Elyria, Ohio, January 22, 2010. Obama is visiting Ohio to tour local businesses and hold a town hall meeting on jobs and the economy. (AFP/Getty Images)
Dell buys EMC for $67bn
Joe Tucci, Chairman, President and Chief Executive Officer of EMC, speaks at a conference on 'Information security is falling short. It's time to change the game' at the RAS Conference 2007 in San Francisco, 06 February 2007. Since becoming CEO in 2001, Tucci has led EMC through a period of dramatic revitalization, transforming EMC into the world's leading provider of information infrastructure products, solutions and service. (AFP/Getty Images)
Dell buys EMC for $67bn
Chairman, President and Chief Executive Officer (CEO) of EMC Corporation Joseph M. Tucci (C) shakes hands with President EMC India and SAARC Manoj Chugh (R) as Senior Vice President EMC Corporation Steve Leonard (L) looks on during a press conference in New Delhi, 20 June 2006. EMC Corporation deals in products, services and solutions for information management and storage. With revenues of $9.66 billion USD and operations in 52 countries, EMC employs 26,500 people worldwide and ranked ninth among the top 10 technology product companies in the world. (AFP/Getty Images)
Dell buys EMC for $67bn
Michael Dell, founder and CEO of Dell Inc., speaks during a discussion with David Rubenstein (R), president of The Economic Club of Washington, in Washington, DC on March 4, 2015. (AFP/Getty Images)
Dell buys EMC for $67bn
Michael Dell, chairman and chief executive officer of Dell Inc., and his wife Susan attend the Allen & Company Sun Valley Conference on July 10, 2015 in Sun Valley, Idaho. Many of the world’s wealthiest and most powerful business people from media, finance, and technology attend the annual week-long conference which is in its 33rd year. (Getty Images)