Dell agrees $67bn EMC takeover

US computer giant Dell has agreed a deal to buy data storage company EMC for $67bn. EMC shareholders will receive $33.15 per share, $24.05 of which will be in cash. If approved by regulators, the deal would be the biggest in history between two technology companies. Falling demand for PCs means Dell is looking to expand into more lucrative businesses, and it has identified data storage as a key growth area.

US computer giant Dell has agreed a deal to buy data storage company EMC for $67bn.

EMC shareholders will receive $33.15 per share, $24.05 of which will be in cash.

If approved by regulators, the deal would be the biggest in history between two technology companies.

Falling demand for PCs means Dell is looking to expand into more lucrative businesses, and it has identified data storage as a key growth area.

Leave a Reply