The last two years have seen major acquisitions in the tech world. Amazon bought Twitch for 1 billion, Apple bought out Beats for 3,2 billion a Facebook bought back WhatsApp up to 22 billion dollars. But the biggest acquisition in IT history was announced just today. Dell has announced that it is buying one of the largest computer companies in the world, EMC Corporation for $67 billion. Dell thus wants to fulfill its goal, to reorient itself from the stagnant computer market to businesses and private ones cloudsystems, which he will certainly succeed with the help of EMC Corporation, after all, he is a pioneer in the world cloudat. In addition, EMC owns VMware, which is best known for its virtualization tools for the Mac and Windows. Both companies will fall under Dell, but VMware will continue to be a separate listed entity.
MSD Partners and Silver Lake are to help Dell with the deal, with Dell paying $33,15 per share, about $6 more than initially speculated late last week. Analysts say that this is quite a risky acquisition due to possible problems, on the other hand, they say that Dell's value can increase significantly after this acquisition, if Michael Dell and his team manage to optimally merge the pair of computer giants. EMC's current CEO, 67-year-old Joe Tucci, will retire after the acquisition. It will happen in the middle of next year.
*Source: zive.sk