Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. It's nearly twice as large as the proposed $37 billion tie-up between Broadcom and Avago, the next-biggest tech merger, according to Dealogic. EBay ( EBAY) jettisoned PayPal earlier this year. Rival Hewlett-Packard ( HPQ), for instance, is about to split into two: a consumer PC-focused business and a corporate IT solutions business. But the merger certainly bucks the recent trend of large tech companies getting smaller instead of bigger. Whether the two companies will be better off together remains to be seen. The complicated EMC deal will be financed with a significant amount of debt, while VMWare ( VMW) will remain publicly-traded. Dell was forced to go private in a (very) leveraged buyout including large amounts of borrowing.ĭell said the company will remain private - for now. EMC's stock sunk earlier this year, and it faced an activist shareholder revolt that failed to break up the company. As businesses offload their file storage to Amazon ( AMZN), Google ( GOOGL) and Microsoft ( MSFT), many are letting those companies handle their email and Web serving too.ĭell in particular has struggled lately - it was the only top five server maker with falling shipments in the second quarter, according to tech consultancy Gartner.īoth companies have invested heavily in the cloud, but each has encountered a rocky transition. Meanwhile, Dell, the world's second-largest server maker, is facing the same conundrum. It's no longer in vogue for businesses to operate their own data centers. Now, cloud companies like Amazon can store all of a company's stuff for cheaper. EMC made its name selling companies storage systems for their data centers.
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