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Dell acquires EMC for $67 billion in a bid to create a one stop shop for cloud computing and storgae

Oct, 12, 2023 Hi-network.com
Dell is attempting to move away from the PC and server market and into the enterprise cloud storage market by acquring EMC for$67 billion. in the biggest technology merger deal ever. EMC had 21% of the storage market last year, and when combined with Dell's prowess in servers the two companies will unite to become a force to be reckoned with in the cloud infrastructure market. They will be focusing on providing enterpise clients with private cloud computing and storage services.

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