Dell’s Acquisition of EMC

B. Rajesh Kumar
Additional contact information
B. Rajesh Kumar: Institute of Management Technology

Chapter 20 in Wealth Creation in the World’s Largest Mergers and Acquisitions, 2019, pp 191-195 from Springer

Abstract: Abstract On October 12, 2015, Dell made the public announcement to acquire EMC in a cash and stock deal valued at $74 billion. The deal was the largest ever acquisition in the technology sector. The acquisition combined Dell’s enterprise server, personal computer, and mobile businesses with EMC’s enterprise storage business. Dell paid $24.05 per share of EMC and $9.05 per share of tracking stock in VMware. EMC shareholders received 0.11146 shares of new tracking stock for each EMC share. The deal brought together the leading provider of key computer storage products and top makers of servers and personal computers. The acquisition was to facilitate Dell to become one stop shop for business customers. The combined Dell EMC was named Dell Technologies. 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 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. The merger resulted in the creation of the world’s largest privately controlled technology company. The acquisition gave Dell a strong enterprise storage component and entry into hybrid cloud computing market.

Keywords: Delicate Engineering; Stock Tracking; Software-defined Data Center; VMware; Hybrid Cloud (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-030-02363-8_20

Ordering information: This item can be ordered from
http://www.springer.com/9783030023638

DOI: 10.1007/978-3-030-02363-8_20

Access Statistics for this chapter

More chapters in Management for Professionals from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().