Ron Burgundy Posted October 8, 2015 Share Posted October 8, 2015 Dell Inc is in talks with banks to fund a $50 billion-plus takeover of data storage company EMC Corp, sources familiar with the matter said, as the world's No.3 PC maker looks to beef up its cloud-based offerings for corporate customers. The potential acquisition, which would be the largest technology sector deal on record, would help Dell diversify away from the stagnant personal computer market and give it the scale to attack the faster-growing and more lucrative market for managing and storing data for enterprises. "Dell and EMC are increasingly competing with the likes of Amazon, Google, Microsoft, and others that have deep pockets. View the full article Quote Link to comment Share on other sites More sharing options...
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