Announced
Completed
Financials
Sources
Tags
United States
computer data
Public
Data Centers and Hosting
Completed
Merger
Acquisition
data analytics
Private Equity
Synopsis
MSD Partners, Silver Lake Partners and Dell, an American multinational computer technology company, acquried EMC Corporation, a computer data storage company, for $67bn, while maintaining VMware as a publicly-traded company. “I’m tremendously proud of everything we’ve built at EMC – from humble beginnings as a Boston-based startup to a global, world-class technology company with an unyielding dedication to our customers,” said Joe Tucci, chairman and chief executive officer of EMC. “But the waves of change we now see in our industry are unprecedented and, to navigate this change, we must create a new company for a new era. I truly believe that the combination of EMC and Dell will prove to be a winning combination for our customers, employees, partners and shareholders.”
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