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It reportedly generated about $40 billion in debt for Dell. [11] The Dell Services, Dell Software Group, and the Dell EMC Enterprise Content Divisions were sold shortly thereafter for proceeds of $7.0 billion, which was used to repay debt. [2] In October 2017, It was reported that Dell would invest $1 billion in IoT research and development.
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Dell EMC (EMC Corporation until 2016) is an American multinational corporation headquartered in Hopkinton, Massachusetts, [2] and Round Rock, Texas, and is a subsidiary of Dell Technologies. Dell EMC sells data storage , information security , virtualization , analytics, cloud computing and other products and services that enable organizations ...
The acquisition was designed to provide Dell with access to a wider set of IT services and solutions while providing existing Perot Systems customers with access to Dell computers and other hardware. Under the agreement, Dell acquired all of the company's class A stock for $30 per share, representing a 61% premium over the previous closing ...
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