Dell’s acquisition of EMC was officially completed on September 07, 2016, thereby creating the world’s largest privately-controlled technology company
“There is a great amount of value coming from DELL Technologies, both for the customers and partners and we are confident about merging with EMC; let’s see how our competition reacts to it,” says Michael Dell, Chairman and CEO at Dell Technologies. With $74 billion in revenue, Dell Technologies will be the world’s largest privately controlled tech company.
Dell Technologies is now an end-to-end technology company and a one-stop shop for information technology. With a strong workforce of about 140,000 people globally, the company will maintain operations in Hopkinton, Massachusetts, where EMC was located.
Michael Dell in his opening note said, “This is a fantastic day for our customers, our company, our team members and our community employees. We are creating the next great technology company that can do advanced innovation at a scale than any company on the planet.”
“The two biggest products of Dell Technologies are very familiar. Our client solutions business will continue to be known as Dell and Infrastructure Solutions Business bringing the very best of Dell and EMC will be known as Dell EMC.”
Digital Transformation to target $2 trillion IT market
The transaction creates Dell the industry-leader in the extremely attractive high-growth areas of the $2 trillion IT market with complementary products and solutions portfolios, sales teams and R&D investment strategies. The transaction combines two of the world’s greatest technology franchises—with leadership positions in Servers, Storage, Virtualization and PCs—and brings together strong capabilities in the fastest growing areas of our industry, including Digital Transformation, Software Defined Data Center, Hybrid Cloud, Converged Infrastructure, Mobile and Security.
Dell Technologies now covers the complete basket of solution that includes – Server, storage, virtualisation, security, networking, cloud, content, management and end-point computing. Along with EMC, Dell has bought a complete technology family that has VMware, RSA Security, Pivotal, SeureWorks and Virtuustream. This will continue to keep their independence and freedom to develop their own products and systems.
Customer and Partner Benefits
The combination of Dell and EMC provides unmatched ability to address large and small customers’ rapidly changing critical IT needs. Digital transformation is driving disruption across all industries; transitioning from traditional on-premise to hybrid public/private cloud infrastructure for need of balance agility, mobile workforce with persistent security threats. The company will offer customers a broad, end-to-end product portfolio spanning all key compute, networking and storage segments—both legacy and emerging—to address customers facing technology-driven disruption.
Going forward, Dell will have the freedom to invest in newer technologies such as Internet of Things, the evolution of cloud computing, cybersecurity and predictive analytics. Those are all attractive areas for Dell to invest in and the combination of giants is likely to bring about changes in all those areas, with possible ripple effects, including more acquisitions and partnerships.