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
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
