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Dell buys EMC at $67bn

Harley Kumar
Written by Harley Kumar

Dell buys EMC corporation at $67bn, this is a largest tech deal in history.

EMC corporation is a data storage company headquartered in Hopkinton, Massachusetts, United States, Founded in 1979.

EMC shareholders will receive $33.15 per share, $24.05 of which will be in cash.

Falling demand for PCs means Dell is looking to expand into more lucrative businesses, and it has identified data storage as a key growth area.

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Harley Kumar

Harley Kumar

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