NEW YORK: Dell Inc today said it completed its USD 67-billion deal to acquire EMC Corp, creating the world’s largest privately-controlled technology company. The new company — Dell Technologies — will...
Dell-EMC merger to be completed by Sept 7
The technology industry’s largest ever acquisition of $63.4 billion will finally be done in the first week of September. Dell and EMC today announced that they intend to close the transaction to combine Dell and...
Michael Dell Plans to Keep On Making Deals After EMC Acquisition
Michael Dell, who is preparing to complete the largest merger in technology history after taking his own company private three years ago, says there’s even more deal-making in his future. “We’ll continue to do...
U.S. watchdog clears ChemChina takeover of Syngenta
U.S. regulator has cleared ChemChina’s blockbuster takeover of Swiss pesticides and seeds group Syngenta, the companies said on Monday. “China National Chemical Corporation (ChemChina) and Syngenta today...
ChemChina’s Syngenta acquisition close to clearing U.S. review – sources
ChemChina’s $43 billion acquisition of Syngenta AG (SYNN.S) is in the final stages of being cleared by the Committee on Foreign Investment in the United States (CFIUS), which scrutinizes deals for national...
Khaitans Restructuring Engineering Business via EMC merger
BM Khaitan-controlled Williamson Magor Group's engineering arms and transmission tower maker EMC Ltd are being merged to create a giant engineering joint venture with a turnover of Rs 6,000-7,000 crore. While EMC is...
EMC says shareholders approve merger with Dell
EMC Corp : * EMC shareholders vote strongly in favor of merger with Dell * Approximately 98% of voting EMC shareholders cast their votes in favor of merger * EMC shareholders today approved merger agreement with Dell *...
Dell sells software group to finance EMC acquisition
In order to reportedly finance its $67 billion acquisition of IT storage company EMC, US tech giant Dell has sold Dell Software Group to Francisco Partners, a US-based private equity firm and Elliott Management, an...
Stemcor, Ispat form Rs 900 crore JV
Stemcor, Ispat form Rs 900 crore JV To set up coke oven plant near Mumbai in which the UK company will hold 76 per cent stake UK-based Stemcor and steel major Ispat Industries have entered into a joint venture (JV) to...
ChemChina Buys Out Syngenta
In an effort to secure food for its large and growing population apart from getting access to cutting edge technology and global markets, China-based ChemChina (China National Chemical Corporation), which has business...
EMC to merge with Williamson Magor engineering subsidiaries
The BM Khaitan-controlled Williamson Magor Group’s engineering arms and transmission tower maker EMC Ltd are being merged to create a giant engineering joint venture with a turnover of Rs 6,000-7,000 crore...
Startup Stemcentrx exploring strategic options, including sale
Stemcentrx Inc, a San Fransisco-based biotechnology startup, is pursuing strategic alternatives including a sale, the Wall Street Journal reported. The company, backed by PayPal Holdings Inc (PYPL.O) co-founder Peter...