Menu
Dell said to be in talks with EMC over possible huge merger

Dell said to be in talks with EMC over possible huge merger

Dell might buy some or all of the storage giant, the Wall Street Journal said

Dell, led by CEO, Michael Dell, is reportedly in advanced talks to buy EMC.

Dell, led by CEO, Michael Dell, is reportedly in advanced talks to buy EMC.

Dell is reportedly in talks to buy all or part of enterprise storage powerhouse EMC, which would mark a bold and unexpected new chapter in the PC maker's history.

A total merger would be one of the biggest deals ever in the technology industry, with EMC holding a market value of about US$50 billion. It would also bring together two of the most important vendors to enterprise IT departments.

The report about the deal Wednesday in the Wall Street Journal cited unnamed sources, and cautioned that the the companies might not finalise any agreement.

EMC has resisted calls to spin off the parts of what it calls a "federation" of businesses: EMC Information Infrastructure for storage, RSA for security, Pivotal for cloud platform and agile development, and VMware for virtualization. VMware is publicly traded but about 80 percent owned by EMC.

EMC executives say that structure brings together the key elements of enterprise IT while letting each business innovate on its own, but critics have said the company might be worth more in parts. In January, EMC announced layoffs and a disappointing revenue forecast.

A complete merger would combine two of just a handful of giants that are attempting to combine all the components of IT infrastructure: Computing, network, storage and virtualization. That roster also includes Hewlett-Packard, IBM, Cisco Systems and Oracle.

It would mark the latest chapter for Dell, which built a dominant position selling PCs and then servers, but then saw its business decline as those markets commoditised. Michail Dell fought to take the company private, and has been quietly rebuilding Dell out of the limelight.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Brand Post

Featured

Slideshows

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards

The leading female front runners of the New Zealand ICT industry joined together for the annual Reseller News Women in ICT Awards event at the Hilton in Auckland, during which hundreds of guests celebrated 13 outstanding individuals who won awards, chosen from more than 50 finalists representing over 30 organisations.

Leading female front runners honoured at the 2020 Reseller News Women in ICT Awards
Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners

More than 500 channel leaders gathered in Auckland on 21 October at the ​Reseller News Innovation Awards ​2020 to celebrate the achievements of the New Zealand technology industry's top partners, start-ups, vendors, distributors and individuals.

Channel gathers to celebrate the Reseller News Innovation Awards 2020 winners
Show Comments