The largest in the history of the industry, the deal between Dell and EMC will end on September 7
In October last year it became known that Dell buys EMC company for 67 billion dollars. The transaction, completion of which was planned for the period from may to October 2016, became the largest in the history of the industry. This week the parties announced that it will be completed on 7 September.
This day will begin the new combined company. It will be called the Dell Technologies.
Recently approval was obtained from the Chinese Ministry of Commerce (MOFCOM) — the last needed to complete the transaction. A little earlier, on 19 July, for the transaction voted 98% of the shareholders of EMC entitled to vote.
In a press release on the deal, said that the combined company is a «very good position for growth in strategic areas of information technology in the next generation.