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