Dell Technologies will run as a privately controlled IT firm and offer clients a portfolio of technology platforms in the areas of hybrid cloud, cybersecurity, data analytics, software-defined data center, platform-as-a-service, converged infrastructure and mobility, Dell said Wednesday.
Michael Dell will serve as chairman and CEO of Dell Technologies.
Dell, Dell EMC, VMware (NYSE: VMW), Boomi, Pivotal, SecureWorks, RSA and Virtustream are among the businesses that will operate under the Dell Technologies brand.
Dell said the combined company will leverage Dell™s experience with small- and medium-sized enterprises with EMC™s experience with large businesses.
EMC stockholders secured $24.05 in cash for each EMC share in addition to tracking stock associated with a part of EMC™s economic interest in VMware and received 0.11146 of Dell Technologies tracking stock for every EMC share held as of Sept. 7.
Both companies announced their combined IT firm in May two months after Michael Dell disclosed the names of the executives that will comprise the integrated company™s senior management group.
The Federal Trade Commissionapproved the Dell-EMC merger in February.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
Dell and EMC have completed their $67 billion cash-and-stock merger to form enterprise information technology company Dell Technologies (NYSE: DVMT) that is forecast to generate $74 billion in annual revenue.
