Dell to acquire EMC Corporation in $67 billion deal

Round Rock-based Dell Inc. announced Oct. 12 it will acquire cloud computing company EMC Corp. in a deal valued at approximately $67 billion.

According to a joint news release from both companies, the acquisition will offer customers a product portfolio spanning computing, networking and storage segments.

The combination of Dell and EMC Corp. will create the world’s largest privately-controlled, integrated technology company, according to the statement. The transaction is expected to close at some point between May and October 2016.


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Lakeway city council members will consider Oct. 18 rezoning acreage along Lohmans Crossing as part of a proposal to develop The Square at Lohmans. (Greg Perliski/Community Impact Newspaper)
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If developed, the multiuse development would bring a new segment of Main Street.

The amended version of the planned development unit will now go to the Austin Planning Commission for review. (Rendering courtesy Austin Environmental Commission)
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Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Oct. 15.

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The Stix Icehouse is readying to open in McKinney. (Miranda Jaimes/Community Impact Newspaper)
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Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Oct. 4.

The 17,000-square-foot Marktplatz building to be used for Wurstfest ended up being about a $12 million investment. (Community Impact Newspaper staff)
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Take a look at the top five trending stories across all of Community Impact Newspaper’s coverage areas as of Oct. 1.

The 17,000-square-foot facility ended up being about a $12 million investment. (Community Imapct Newspaper)
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Superintendent Stephanie Elizalde said Sept. 23 though the district has been awarded emergency funding, it has only had access to a fraction of it. (Maggie Quinlan/Community Impact Newspaper)
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Superintendent Stephanie Elizalde said while it seems that the district has received "millions and millions," it has been able to use a fraction of granted emergency funds.

The Austin metropolitan statistical area surpasses COVID-19 pandemic job losses. (Christopher Neely/Community Impact Newspaper)
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