Dell just announced the largest tech acquisition ever: EMC for $67 billion
You might not have heard of EMC, but it’s a technology behemoth that runs many of the services you use today.
The company provides datacenter storage for large technology companies — and today, it’s been acquired by Dell.
The offer put to EMC by Dell is $33.15 per share, with the remainder in securities equating to the value of EMC-controlled VMware, which will remain a listed company.
The deal will benefit Dell by helping to raise its profile in data centers, as EMC holds nearly twice the shares Dell has in the storage market.