{"id":23801,"date":"2016-09-08T12:35:52","date_gmt":"2016-09-08T04:35:52","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=23801"},"modified":"2016-09-08T12:37:19","modified_gmt":"2016-09-08T04:37:19","slug":"dell-completes-emc-acquisition-now-worlds-largest-privately-controlled-tech-company","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2016\/09\/08\/dell-completes-emc-acquisition-now-worlds-largest-privately-controlled-tech-company\/","title":{"rendered":"Dell completes EMC acquisition; now largest privately-controlled IT company"},"content":{"rendered":"<p><strong>Dell Technologies has completed the acquisition of EMC Corp., creating a\u00a0 $74-billion company with an expansive technology portfolio, and now the world&#8217;s largest privately-controlled technology company.<\/strong><\/p>\n<p>Dell Technologies serves 98 percent of the Fortune 500 and comprises several market leading businesses. The two largest, and most well-known, are the Dell client solutions business and the Dell EMC infrastructure solutions business \u2013 both of which are supported by Dell EMC Services.<\/p>\n<p>In addition, Dell Technologies contains Boomi, Pivotal, RSA, SecureWorks, Virtustream and VMware. This unique structure combines the focus and innovation of a startup with the global scale and service of a large enterprise.<\/p>\n<p>Dell Technologies\u2019 scale will enable it to deliver more innovation and investment in R&amp;D, sales and marketing, services and support and deliver more efficient and cost-effective solutions for customers.<\/p>\n<p>Furthermore, while the company will publically report its financial results, it is privately controlled, enabling it to better focus investments on its customer and partner ecosystem over the long term.<\/p>\n<p>Michael Dell, chairman and CEO of Dell Technologies, said, &#8220;We are at the dawn of the next industrial revolution. Our world is becoming more intelligent and more connected by the minute, and ultimately will become intertwined with a vast Internet of Things, paving the way for our customers to do incredible things. This is why we created Dell Technologies. We have the products, services, talent and global scale to be a catalyst for change and guide customers, large and small, on their digital journey.&#8221;<\/p>\n<p>Dell Technologies blends Dell\u2019s go-to-market strength with small business and mid-market customers and EMC\u2019s strength with large enterprises and stands as a market leader in many of the most important and high-growth areas of the $2 trillion information technology market, including positions as a \u201cLeader\u201d in 20 Gartner Magic Quadrants and a portfolio of more than 20,000 patents and applications.<\/p>\n<p>Jamie Dimon, Chairman and CEO, JPMorgan Chase, commented, \u201cFinancial services is one of the first-movers in embracing technology to better serve our customers, and the next wave of digitalization continues a trend that\u2019s been occurring\u00a0 my whole lifetime. As one of the world\u2019s biggest users of Dell and EMC, we spend approximately $9 billion a year on technology, including infrastructure as well as cloud computing, big data analytics and cybersecurity. We make sure we spend wisely and select our partners very carefully.\u201d<\/p>\n<p>Marc Benioff, Chairman and CEO, Salesforce, added, \u201cSalesforce\u2019s partnership with Dell and EMC has been instrumental in pushing innovation across the industry. Michael is an incredible visionary and one of the most important leaders in our industry. He has been an amazing partner contributing to our success. Now with Dell Technologies, he is once again reshaping the technology industry.&#8221;<\/p>\n<p>Tim McGrath, President and CEO of PC Connection, Inc., commented, \u201cOur relationship with Dell has grown tremendously in the past six-plus years. Along with being recognized as a Dell Partner of the Year in both 2014 and 2015, the business has grown significantly.\u00a0 As partners of Dell, EMC, VMware and RSA, we are able to provide customers with innovative, value driven, and secure end-to-end IT solutions. With the combination of the Dell Technologies family of businesses, PC Connection, Inc. is expanding its capabilities offering an ever broadening comprehensive portfolio to our customers. We look forward to strengthening our partnership with Dell Technologies to ensure that our customers have the technical support, guidance, and product selection needed to help solve their business challenges with IT.\u201d<\/p>\n<p>As part of today\u2019s announcement, the company unveiled its new branding. A video along with additional information on the new brand is available <a href=\"https:\/\/dell.box.com\/s\/nztzx8anvw7bxw7bgh5uqp6iwnrt6dau\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dell Technologies has completed the acquisition of EMC Corp., creating a\u00a0 $74-billion company with an expansive technology portfolio, and now the world&#8217;s largest privately-controlled technology company. Dell Technologies serves 98 percent of the Fortune 500 and comprises several market leading businesses. The two largest, and most well-known, are the Dell client solutions business and the [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":23771,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[281,98,951,209],"class_list":["post-23801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-dell","tag-emc","tag-mergers-and-acquisitions","tag-storage"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/23801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=23801"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/23801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/23771"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=23801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=23801"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=23801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}