Dell in talks to buy data storage company EMC

Dell, the world’s third largest personal computer maker, is in talks to buy data storage company EMC, a person familiar with the matter said, in what could be one of the biggest technology deals ever.

Dell in talks to buy data storage company EMC
Fri, 09 Oct, 2015 - 01:00
Mike Stone

A deal could be an option for EMC, under pressure from activist investor Elliott Management Corp to spin off majority-owned VMware.

The terms being discussed were not known, but if the deal goes through it would top Avago Technologies’ $37bn (€32.79bn) offer for Broadcom. EMC has a market value of about €44.31bn.

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CourtsdellemcPlace: IrelandPlace: LimerickPlace: DublinPlace: CorkPlace: North AmericaPerson: David FlinkPerson: Dave FarmerPerson: Michael DellPerson: ElliottPerson: Daniel IvesOrganisation: DellOrganisation: EMCOrganisation: Elliott Management CorpOrganisation: VMWareOrganisation: Avago Technologies’Organisation: BroadcomOrganisation: Centre of Excellence in OvensOrganisation: ReutersOrganisation: Hewlett-Packard CoOrganisation: IBMOrganisation: Silver LakeOrganisation: ElliottOrganisation: FBR Capital MarketsOrganisation: PivotalOrganisation: HP
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