Dell to buy EMC for $67 Billion

Computer company Dell Inc made a deal to buy data storage company EMC Corporation for $67 billion on Monday in an effort to become the fastest growing company for managing and storing corporate data.

Dell displayed their interest in taking over EMC around the same time that HP’s deal to merge with EMC collapsed.

It is possible for HP to make a counter bid at this stage however with EMC expressing so much ardour in Dell, it is unlikely to happen.

TNT Business

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