The Traderszone Network

Published in TZ Latest News 8 October, 2015 by The TZ Newswire Staff

Dell in talks to buy data storage company EMC – source

Dell Inc, the world’s third largest personal computer maker, is in talks to buy data storage company EMC Corp, a person familiar with the matter said, in what could be one of the biggest technology deals ever. A deal could be an option for EMC, under pressure from activist investor Elliott Management Corp to spin off majority-owned VMware Inc. The terms being discussed were not known, but if the deal goes through it would top Avago Technologies’ $37 billion offer for Broadcom.