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Dell to buy EMC for US$67b in record deal for tech industry

Even as big players downsize to stay nimble, the Dell-EMC entity could be a force to be reckoned with, say observers

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Two years after Michael Dell took Dell Computers private to get out from "89-day planning cycles" (quarterly reporting), Dell is acquiring the Hopkinton (Massachusetts)-based EMC. The enlarged entity will also be a private company.

Singapore

THE price tag of US$67 billion that Dell is proposing to pay to buy data storage company EMC Corporation is huge by any standards.

If approved by regulators, this would be the biggest in history between two companies in the technology sector, more than doubling the size