Dell to acquire EMC Corporation in $67 billion deal
Round Rock-based Dell Inc. announced Oct. 12 it will acquire cloud computing company EMC Corp. in a deal valued at approximately $67 billion. According to a joint news release from both companies, the acquisition will offer customers a product portfolio spanning computing, networking and storage segments. The combination of Dell and EMC Corp. will create the world’s largest privately-controlled, integrated technology company, according to the statement. The transaction is expected to close at some point between May and October 2016.
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Source: Community Impact- Round Rock