Dell-EMC merger a success in Asia-Pacific, Japan
The company de-levered the balance sheet, cleared US$9.5 billion debt, completed three divestments in 12 months
Singapore
DELL Technologies' acquisition of EMC Corporation, which was completed in September 2016, created a behemoth IT powerhouse with a combined revenue of US$74 billion and an expansive technology portfolio.
The merger was interesting in many aspects, not least for bucking the trend over the past few years of tech companies breaking up into smaller, more nimble units to better weather the disruption sweeping through the technology industry.
The attraction of scale and size was starting to fade. Thus, security company Symantec hived off data management company Veritas after a ten-year marriage, with the deal closing in 2016.
HP, which used to be the biggest enterprise technology company in the world, also divided into two - HP Enterpri…
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