Dell is going to acquire data storage company EMC in a deal worth $67 BILLLLLLION the largest tech deal of all time. EMC stockholders will receive about $27.25 per share in cash and a tracking stock in cloud software company. Dell will create what it calls “the world’s largest privately-controlled, integrated technology company” The acquisition will benefit Dell to create a new company that will sell a broad range of both consumer as well as IT products.
Source: https://thehackernews.com/2015/10/dell-acquire-emc.html