Dell completes acquisition of EMC

Overnight, Dell announced the completion of its acquisition of EMC Corporation, producing a new entity known as Dell Technologies.

Initially announced in October 2015, the merger has resulted in a $74 billion company with a portfolio that covers hybrid cloud, software-defined data centres, converged infrastructure, platform-as-a-service, data analytics, mobility and cybersecurity.

According to a Dell Technologies statement, the new company serves 98% of Fortune 500 companies.

The two largest divisions in the new entity are the Dell client solutions business and the Dell EMC infrastructure solutions business.

The group also includes Boomi, Pivotal, RSA, SecureWorks, Virtustream and VMware.

“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,” Dell Technologies Chairman and CEO Michael Dell said.

“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.”

“The fourth industrial revolution has moved from theory to reality,” Dell EMC President APJ Enterprise Business David Webster said.

“This digital transformation is not only achievable, it’s imperative for all businesses across Australia and New Zealand to remain competitive today, and in the future.”

“We are excited to begin this new chapter as Dell Technologies which brings together strong capabilities in high-growth technology areas to meet the needs of our customers in APJ on their digital transformation journeys, and create technologies that drive human progress,” Dell EMC President APJ Commercial Amit Midha added.