| In the largest ever pure technology sector deal, privately held computer hardware giant Dell Inc together with its owners Michael S Dell, MSD Partners and private equity investor Silver Lake will acquire the data storage and cloud computing company EMC Corporation for $67 billion.
Under the terms of the agreement, EMC shareholders will receive $24.05 per share in cash in addition to tracking stock in its subsidiary VMware, which will remain a public traded company. EMC holds 80 per cent stake in VMware...............................................Full Article: Source
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