Dell Technologies has announced completion of the acquisition of EMC Corporation, creating a family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information.
This combination creates a $74 billion market leader with an expansive technology portfolio.
The company is hosting a conference call with media and industry analysts.
Dell Technologies serves 98 percent 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.
Michael Dell, chairman and CEO of Dell Technologies, said: "We are at the 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."
Dell Technologies blends 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 IT market.
Jamie Dimon, Chairman and CEO, JPMorgan Chase, commented: “As one of the world’s biggest users of Dell and EMC, we spend approximately $9 billion a year on technology, including infrastructure as well as cloud computing, big data analytics and cybersecurity. I’ve known Michael Dell for 30 years.”
Marc Benioff, chairman and CEO, Salesforce, stated: “Salesforce’s partnership with Dell and EMC has been instrumental in pushing innovation across the industry. Michael is an incredible visionary and one of the most important leaders in our industry."
Tim McGrath, President and CEO of PC Connection, Inc., commented, “As partners of Dell, EMC, VMware and RSA, we are able to provide customers with innovative, value driven, and secure end-to-end IT solutions.”
Dell and EMC merger complete
Dell and EMC merger complete
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