Dell acquires EMC, becomes world’s largest tech company with $74bn

ITRealms: 

The recent acquisition of EMC Corporation by Dell Technologies has positioned the company as the largest technology company in the world that is privately-controlled equity worth $74 billion, reports ITRealms.

This, ITRealms also reports creates a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform Information Technology (IT) and protect their most important asset, information.

This combination, which created a $74 billion market leadership with an expansive technology portfolio which tends to solve complex problems for customers in the industry’s fast-growing areas of hybrid cloud, software-defined data center, converged infrastructure, platform-as-a-service, data analytics, mobility and cybersecurity.

ITRealms equally reports that Dell Technologies lays claims to serving 98 per cent of the Fortune 500 and comprises several market leading businesses. The two largest, and most well-known, are the Dell client solutions business and the Dell EMC infrastructure solutions business – both of which are supported by Dell EMC Services.

In addition, Dell Technologies contains Boomi, Pivotal, RSA, SecureWorks, Virtustream and VMware.

This unique structure, ITRealms reports, combines the focus and innovation of a startup with the global scale and service of a large enterprise, thus, Dell Technologies scale will enable it to deliver more innovation and investment in research and development, sales and marketing, services and support and deliver more efficient and cost-effective solutions for customers.

For the Chairman and CEO of Dell Technologies, Michael Dell, they foresee a new dawn of the next industrial revolution.

“Our world is becoming more intelligent and more connected by the minute, and ultimately will become intertwined with a vast Internet of Things, paving the way for our customers to do incredible things. This is why we created Dell Technologies. We have the products, services, talent and global scale to be a catalyst for change and guide customers, large and small, on their digital journey,” he said.

ITRealms recalls that Dell Technologies promises to blend Dell’s go-to-market strength with small business and mid-market customers and EMC’s strength with large enterprises and stands as a market leader in many of the most important and high-growth areas of the $2 trillion information technology market, including positions as a “Leader” in 20 Gartner Magic Quadrants and a portfolio of more than 20,000 patents and applications.

Nenye Dom/GEE

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