Dell Inc. and EMC Corporation have signed a definitive agreement under which Dell, together with its owners, Michael S. Dell, founder, chairman and chief executive officer of Dell, MSD Partners and Silver Lake, the global leader in technology investing, will acquire EMC Corporation while maintaining VMware as a publicly-traded company.
The transaction creates the industry-leader in the extremely attractive high-growth areas of the $2 trillion IT market with complementary product and solution portfolios, sales teams, and R&D investment strategies. The transaction combines two of the world’s greatest technology franchises – with leadership positions in Servers, Storage, Virtualization and PCs – and brings together strong capabilities in the fastest growing areas of our industry, including digital transformation, software defined data center, Hybrid Cloud, Converged Infrastructure, Mobile and Security.
Customer and Partner Benefits
The combination of Dell and EMC provides unmatched ability to address large and small customers’ rapidly changing critical IT needs. Digital transformation is driving disruption across all industries; transition from traditional on-premise to hybrid public/private cloud infrastructure; and need to balance agility, mobile workforces with persistent security threats. The company will offer customers a broad, end-to-end product portfolio spanning all key compute, networking and storage segments – both legacy and emerging – to address customers facing technology-driven disruption.