Business Chief US+CAN Magazine December 2020 | Page 99

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DATE OF MERGER

N / A VALUE ( US DOLLARS ) 06 Dell & EMC Corporation

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While the value of the acquisition of EMC Corporation by Dell is unknown , the merger , which took place in September 2016 , resulted in a market value of US $ 74bn ( 2016 ). The merger provided Dell with the infrastructure to allow organisations to “ build their digital future , transform IT and protect their most important asset – information .” Commenting on the merger Michael Dell , chairman and CEO of Dell Technologies , said : “ 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 . This is why we created Dell Technologies .” businesschief . com