Dell/EMC merger gives birth to Dell Technologies

$60 billion deal finally closes, creating new tech behemoth

Dell has finally completed its acquisition of EMC, almost a year after the planned merger was first announced.

The acquisition cost Dell $60 billion and is the largest technology merger in history. The new company, Dell Technologies, is now the world's largest privately held tech company, with $74 billion annual revenue and a 140,000-strong global workforce.

Dell Technologies comprises Dell (client solutions), Dell EMC (infrastructure solutions), Pivotal, RSA, SecureWorks, Virtustream and VMware. It will be dual-headquartered in Round Rock, Texas and Hopkinton, Massachusetts - where Dell and EMC were headquartered respectively before the merger.

In a press and analyst call, Michael Dell said: "I think that the formation of Dell Technologies is an industry landscape changing event and if you think about the other companies out there, they are, in one form or another, reacting to what we have done.

"We have stated for a long time that scale matters and we think the ability to invest for the long-term matters, we think innovation and breadth of go-to-market reach matters as well and so we feel quite confident in our ability to grow and do well in both the new, interesting, fast-growth parts of our industry, as well as those where there is consolidation underway."

"We feel quite confident in the approach we have taken and we will see how the others react to it," he added.

The company reiterated that there are no immediate plans, post transaction, to merge or close any of the business units that now make up Dell Technologies - indeed, Dell spun off its software division to make room for EMC earlier this year - but said this could be reviewed in the future.

Featured Resources

Modern governance: The how-to guide

Equipping organisations with the right tools for business resilience

Free Download

Cloud operational excellence

Everything you need to know about optimising your cloud operations

Watch now

A buyer’s guide to board management software

Improve your board’s performance

The real world business value of Oracle autonomous data warehouse

Lead with a 417% five-year ROI

Download now

Recommended

Dell XPS 15 (2021) review: The best just got better
Laptops

Dell XPS 15 (2021) review: The best just got better

14 Jan 2022
Dell Latitude 7320 Detachable 13.3in review: A quality Windows tablet for business users
tablets

Dell Latitude 7320 Detachable 13.3in review: A quality Windows tablet for business users

11 Jan 2022
Podcast transcript: Building 5G networks with cloud
5G

Podcast transcript: Building 5G networks with cloud

17 Dec 2021
The IT Pro Podcast: Building 5G networks with cloud
5G

The IT Pro Podcast: Building 5G networks with cloud

17 Dec 2021

Most Popular

Dell XPS 15 (2021) review: The best just got better
Laptops

Dell XPS 15 (2021) review: The best just got better

14 Jan 2022
Sony pulls out of MWC 2022
Business operations

Sony pulls out of MWC 2022

14 Jan 2022
Synology DiskStation DS2422+ review: A cube of great capacity
network attached storage (NAS)

Synology DiskStation DS2422+ review: A cube of great capacity

10 Jan 2022