Dell finalises huge EMC deal to become tech titan

epa05527375 The EMC Corp headquarters in Hopkinton, Massachusetts, USA, 06 September 2016. The acquisition of EMC by Dell Inc is to be completed on 07 September 2016, will be named Dell Technologies and will trade under the symbol DVMT on the New York Stock Exchange. EMC is a leading company in cloud technology, and Dell is a multi national computer technology company. EPA/CJ GUNTHER

WASHINGTON: US computer maker Dell said it completed the acquisition of data storage firm EMC, creating the largest privately held technology group with a range of computing services. 

The completion creates a new firm called Dell Technologies and finalises a record US$67bil (RM270.73bil) deal for EMC, which will help the struggling PC maker accelerate its efforts in cloud and mobile computing.