Dell Inc. after buyback couple of years ago ceased to be a public company and therefore does not appear in the news in the context of the quarterly reports, but only in the results of research analysts, as well as in connection with the release of new products .
On official Dell website was announced that it has reached agreement on the purchase of EMC, which specializes in developing storage solutions. This step will allow Dell to strengthen its position in the corporate segment of the market, with the expense of more profitable products and services. The total purchase price is equivalent to $ 67 billion., With cash and assets Dell will pay for each share of EMC about $ 24. It is noteworthy that the Controlled EMC, VMware maintains its independence after the transaction.
Dell will have to raise about $ 50 billion. Borrowings for the payment transaction. Funding will be provided jointly by the Dell, Silver Lake, MSD Partnersand Temasek, which will receive about 70% of EMC shares . Dell's headquarters will remain in the state of Texas, and a unit that will absorb the EMC, will be controlled from Hopkinton, Massachusetts. The deal has yet to be approved by shareholders and authorities, it must be closed in the period from May to October next year. Over the next 60 days to buy EMC can apply other companies are ready to offer the best conditions, but experts believe that a similar amount will be mastered by no one else. Dell Debt obligations after raising funds to buy EMC will exceed $ 60 billion.