Dell buy EMC for biggest buyout in tech history: $67bn

PC maker Dell has announced it’s buying out storage giant EMC for $67bn, the largest buyout in tech history.

As PC hardware sales continue to drop and cloud-based services continue to grow replacing on-premise hardware, this is likely only the first mega merger in a continuing trend as ‘traditional’ IT hardware companies re-invent themselves to adapt to the changing cloud-based marketplace.

 

 

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