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Date Company Business Country Value () References June 8, 1999: NaviSite [note 3]: Internet service provider United States [38]July 21, 1999: Com2001.com Internet community software
On October 12, 2015, Dell Inc. announced its intent to acquire EMC in a cash-and-stock deal valued at $67 billion, which as of 2021 remains the largest-ever acquisition in the technology sector. [20] The combination of Dell's enterprise server, personal computer, and mobile businesses with EMC's enterprise storage business was a significant ...
The deal is huge -- it's being billed as the largest tech acquisition in history. EMC is probably worth twice as much as Dell itself right now, and has some 70,000 employees worldwide.
It was then the largest acquisition in technology sector history. [9] In addition to Michael Dell, Singapore's Temasek Holdings and Silver Lake Partners were major Dell shareholders that supported the transaction. [10] The deal to buy EMC was closed on September 7, 2016. It reportedly generated about $40 billion in debt for Dell. [11]
In February 2018, Genesys acquired AltoCloud, a customer journey analytics provider. [23] In March 2020, the company acquired nGUVU, a partner purchased to add gamification to its workforce engagement management suite. [24] In March 2021, the company announced the acquisition the Bold360 suite of digital engagement software from LogMeIn. [25]
EMC also converted US$400 million of debt into equity at that time. [11] [12] In March 2018, the company filed for an initial public offering, debuting on the NYSE on April 20, 2018. [13] [14] The trading price began at $15 a share, and closed with a 5% increase on its first day. [15] The company raised $555 million in the IPO. [16]
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In June 2009, EMC Corporation announced their intention to acquire Data Domain Corp for $2.4 billion, outbidding the previous offer. In July, the two companies agreed to the acquisition. [8] [9] [10] Post-acquisition, Data Domain would operate as a brand and line of products under EMC, known as EMC Data Domain. [11]