Womack B (2017) Dell benefits in first year after EMC merger with sales up. Ram ML (2016) The Gamblers behind Tech’s biggest deal ever. Miller R (2016) $67 billion Dell EMC deal closes today. Accessed įurrier J (2017) One-year birthday of $67 billion mega merger with Dell EM Exclusive with Michael Dell. Accessed ĭell EMC Press Release (2016) Historic Dell and EMC Merger Complete forms world’s largest privately controlled tech company. This process is experimental and the keywords may be updated as the learning algorithm improves.īarker C (2017) Dell and EMC one year on. These keywords were added by machine and not by the authors. The acquisition gave Dell a strong enterprise storage component and entry into hybrid cloud computing market. The merger resulted in the creation of the world’s largest privately controlled technology company. Latest Dividend N/A Ex-Dividend Date N/A Short Interest (11/30/23) Shares Sold Short 11.74. The combination created a $74 billion market leader with expansive technology portfolio consisting of hybrid cloud, software-defined data center, converged infrastructure, platform as a service, data analytics, mobility, and cybersecurity. Shares Outstanding 243.01 M Public Float 236.63 M Yield DELL is not currently paying a regular dividend. After the merger, Dell Technologies became world’s number one seller of storage systems, number two market position with respect to servers and number three position with respect to personal computers. The combined Dell EMC was named Dell Technologies. The acquisition was to facilitate Dell to become one stop shop for business customers. The deal brought together the leading provider of key computer storage products and top makers of servers and personal computers. EMC shareholders received 0.11146 shares of new tracking stock for each EMC share. Dell paid $24.05 per share of EMC and $9.05 per share of tracking stock in VMware. The acquisition combined Dell’s enterprise server, personal computer, and mobile businesses with EMC’s enterprise storage business. The deal was the largest ever acquisition in the technology sector. “What EMC will give them is what they’re aspiring to be,” Nadkarni said.On October 12, 2015, Dell made the public announcement to acquire EMC in a cash and stock deal valued at $74 billion. A deal would also make Dell a meaningful player in data protection, where it hasn’t been able to compete against the likes of EMC’s Data Domain and Avamar lines, he said. EMC’s are geared toward larger enterprises while Dell’s are stronger at the low end, even though there’s some overlap between Dell’s EqualLogic and Compellent arrays and EMC’s VNX and VMax. In storage, the two companies’ product lines largely complement each other, IDC analyst Ashish Nadkarni said. Now each unit is part of the EMC Federation, a loose collection of businesses with a lot of individual freedom. It added security by buying RSA and then agile development and a cloud platform with Pivotal. EMC has gradually expanded out from its core enterprise storage business by acquiring VMware in 2004, then spinning it off while retaining 83 percent of its shares. In EMC, Dell has chosen an acquisition target with a notably complicated structure. A vendor that buys components for a full range of products can get lower prices from suppliers, and enterprises that can order it all from one company can make better deals, too. This makes Dell the worlds 364th most valuable company by market cap according to our data. Though IBM and HP have retreated from that model, it can be good for customers on two levels, he said. As of December 2023 Dell has a market cap of 49.16 Billion. Dell conducted a long campaign go private, which it finally did in 2013, and EMC has defended its unusual “federation” structure against demands that it sell off some divisions.Īcquiring EMC will give Dell a stronger claim to being the only IT vendor with a full set of products from the PC to the data center, said Pund-IT analyst Charles King. The alternatives are familiar names like IBM and Hewlett-Packard, while Cisco Systems, EMC and Oracle have also been shooting for big-time cloud deployments.īoth Dell and EMC have had to put time and energy into defining their businesses in recent years even as the enterprise IT industry has changed rapidly around them. It will take Dell’s storage portfolio upmarket and help to resolve organizational issues vexing EMC.ĭell has spent years trying to make the leap from PCs and small and medium-sized businesses to a full set of components for large enterprises. The deal will combine the world’s biggest enterprise storage vendor with one of the largest server makers, forming a company that can serve a broad range of enterprise needs. “As we move to hyperconverged prodcuts we can use more of the Dell technology, … but for the networking products we intend to stay with Cisco for the time being.” But, Gelsinger said, VMware expects to continue to work with Cisco on Vblocks and other VCI options.
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