It’s been a big week for EMC. The server and storage company has been acquired in the biggest enterprise tech deal of all time, being bought for $67bn (£43bn) by PC giant Dell.
“The combination of Dell and EMC creates an enterprise solutions powerhouse bringing our customers industry leading innovation across their entire technology environment,” said Michael Dell, Dell’s CEO. “Our new company will be exceptionally well-positioned for growth in the most strategic areas of next generation IT including digital transformation, software-defined data centre, converged infrastructure, hybrid cloud, mobile and security.
“Our investments in R&D and innovation along with our privately-controlled structure will give us unmatched scale, strength and flexibility, deepening our relationships with customers of all sizes. I am incredibly excited to partner with the EMC, VMware, Pivotal, VCE, RSA and Virtustream teams and am personally committed to the success of our new company, our customers and partners.”
The repercussions of the deal have been felt across the IT industry, but it will be a while yet before we find out if private company Dell’s bold move will pay off.
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