Home Applications Big data takeover set to be announced Monday with Dell to acquire EMC for $50b+

Big data takeover set to be announced Monday with Dell to acquire EMC for $50b+


Dell, Inc. is set to announce a formal takeover offer for rival cloud computing company EMC Corp. later today (Monday.)

Re/Code makes the claim on the timing of the announcement, first rumored last week, and puts the takeover figure at above $50 billion, with talks on the deal said to have been conducted directly between Dell Chief Executive Officer Michael Dell and is rival at EMC Joe Tucci.

Reuters also confirms the timing, but adds an interesting twist to the deal, claiming that EMC is also planning to seek out other suitors and has asked for a ‘go-shop’ provision to be included in Dell’s takeover offer that will allow it to solicit bids from alternative parties to see if they can obtain a better deal than that proposed by Dell.

To learn more and to read the entire article at its source, please refer to the following page, Big data takeover set to be announced Monday with Dell to acquire EMC for $50b+- SiliconANGLE.com

Tweet Follow @douglasabrown Follow @DABCC

DABCC DABCC.com, the world leader in sharing the finest Virtualization & Cloud news and support resources. #Citrix, #VMware, #Microsoft, #Mobility and much more! Brought to you by @douglasabrown & team!

Featured Resources:

Related Articles:


White Papers

    Application Lifecycle Management with Stratusphere UX – White Paper

    Enterprises today are faced with many challenges, and among those at the top of the list is the struggle surrounding the design, deployment, management and operations that support desktop applications. The demand for applications is increasing at an exponential rate, and organizations are being forced to consider platforms beyond physical, virtual and cloud-based environments. Users […]


      Download Commvault VM Backup and Recovery: end-to-end VM backup, recovery and cloud management

      Commvault’s ability to provide end-to-end VM backup, recovery and cloud management creates a significantly better way to build, protect and optimize VMs throughout their lifecycle. Our best-in-class software for VM backup, recovery and cloud management delivers a number of significant benefits, including: VM recovery with live recovery options; backup to and in the cloud; custom-fit […]

      On-Demand Webinars

        What’s Going on in EUC Printing – A Technical Deep Dive!

        The IGEL Community and ThinPrint invite you to watch the following technical deep dive webinar. The agenda is to technically bring you up to speed on what’s going on in the EUC Printing space today along with a deep dive into new methods, technologies, printing scenarios and a discussion on why printing still matters. You […]

        Latest Videos

          Views All IT News on DABCC.com
          Views All IT Videos on DABCC.com
          Win big $$, visit ITBaller.com for more info!

          Visit Our Sponsors