By John McCarthy

Dell has dramatically pivoted its desktop business with a record breaking merger with data storage company EMC.

EMC which specialises in analytics, cloud and data storage will be snapped up for a total of $67bn (£44bn).

Subject to US anti-competition regulators, the merger breaks Dell’s reliance on the shrinking desktop and hardware market, a sentiment shadowed by Dell chief Michael Dell.

“Our new company will be exceptionally well-positioned for growth in the most strategic areas of next generation IT including digital transformation, software-defined data center, converged infrastructure, hybrid cloud, mobile and security,” said Dell.

Joe Tucci, chairman and chief executive officer of EMC, added: Read full story ›

Source: The Drum