Landmark Dell-EMC Merger: The Biggest Deal in Tech History, Checkout the Top 10 List Here

Dell has recently orchestrated what many authorities are humbly describing as the most significant deal ever witnessed between tech giants. This ground-breaking union, estimated to be a whopping $67 billion—equivalent to 13.3 trillion Naira or 6.9 trillion Kenyan Shillings—accentuates Dell’s acquisition of EMC, the renowned data storage firm, along with its echelon of software subsidiaries such as VMware. This striking move was made a mere two years post Dell’s decision to rebuy shares and operate as a private entity.

With the steady decline in PC sales amidst the soaring rise of mobile technology, Dell’s latest endeavor strategically propels the company into another tech domain experiencing robust growth—the cloud market. As per estimations by the cloud computing news website, the raging global cloud market, worth $37 billion in 2010, is anticipated to further swell to $121 billion (24tr Naira/12.4tr Kenyan Shillings) by 2015, reflecting an impressive 26% compound annual growth rate.

As revealed by Michael Dell, in the wake of this deal, EMC shareholders can look forward to receiving $33.15 per share, $24.05 of which would be in cash. It goes without saying that such large-scale transactions would need the green light from regulators prior to finalization. However, the process is projected to have a successful completion between May and October 2016.

Now, wouldn’t you like to know where this mega merger stands in the history of tech deals? Checkout the list of the top 10 tech deals of all time, as highlighted on the Times of India’s website . The ranking is sure to shed light on the scope and significance of this remarkable Dell-EMC pact.

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