Dell Acquisition in the Air, EMC Gets No Love From Entrepreneurs
As the biggest tech company in Massachusetts, EMC is both highly influential and much maligned. Tech startups in data storage and cloud services are gunning for its business. Entrepreneurs and venture investors say the company’s policies hurt the flow of talent in the innovation community. And despite its size and influence—think $50 billion market cap—most observers would say the company is struggling.
But other technology giants smell an opportunity. In the latest rumored industry mega-merger, Dell is said to be in talks to acquire Hopkinton, MA-based EMC (NYSE: EMC). The terms of the hypothetical deal are unclear—how would Dell finance such a big purchase, and would VMware or other divisions be spun off?
Round Rock, TX-based Dell went private in 2013 in a historic $25 billion buyout. The company also is no stranger to big New England deals: in 2007, Dell acquired New Hampshire-based EqualLogic for $1.4 billion in cash. (Word on the street is that EMC could have bought the company for far less, but passed.)
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