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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 ...
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
It was formed as a result of the September 2016 merger of Dell and EMC Corporation (which later became Dell EMC). [3] Dell Technologies ranked 48th on the 2024 Fortune 500 rankings of the largest United States corporations based on its 2023 revenue; [ 4 ] its products include personal computers, servers , monitors, computer software, computer ...
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.
Secureworks was founded as a privately held company in 1998 [5] by Michael Pearson and Joan Wilbanks. In 2002, Michael R. Cote became president and CEO. In 2005, and again in 2006, the company was named to the Inc. 500 and Inc. 5000 lists [6] 2006 [7] and Deloitte’s Fast 500.
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]
The following companies were acquired from Embarq, which was formed in 2006 by the spin-off of the local telephone operations of Sprint Corporation (previously named United Telephone). It also includes companies formerly owned by Centel which was purchased by Sprint in 1993. CenturyLink of Florida, Inc.
Virtual Computing Environment Company (VCE) was a division of EMC Corporation that manufactured converged infrastructure appliances for enterprise environments. Founded in 2009 under the name Acadia, it was originally a joint venture between EMC and Cisco Systems, with additional investments by Intel and EMC subsidiary VMware.