Dell looks to EMC deal to boost corporate presence


Flip side of the coin: The EMC deal could help Dell diversify away from the stagnant PC market and give it the scale to attack the faster-growing and more lucrative market for enterprise solutions, but analysts doubt Dell has the financial capacity to buy out EMC.

Dell Inc is in talks with banks to fund a takeover of data storage company EMC Corp, sources familiar with the matter said, as the world's No 3 PC maker looks to beef up its cloud-based offerings for corporate customers. 

The potential acquisition of EMC, which has a market capitalisation of US$52bil (RM215.41bil), would be the largest technology sector deal on record. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

UK plans talks with Big Tech to limit online harm for teens
Nissan says it will make next-generation EV batteries by 2028
UK to criminalise the creation of intimate deepfake images
Are your Facebook posts going missing? Mystery glitch affecting platform
Monsta’s YouTube Channel reportedly hacked, profile altered to US-based cryptocurrency company
Apple wants to spend more on suppliers in Vietnam
TikTok is launching a new photo app to rival Instagram
Meta wants to bring students as young as 13 into metaverse
Industry tracker: Samsung returns to top of the smartphone market
OpenAI comes to Asia with new office in Tokyo

Others Also Read