Largest tech deal: EMC set to merge with Dell

Las Vegas, May 4

As the saying goes, when two elephants fight, or make love, the grass suffers. In the coming together of two US tech giants —Dell Inc and EMC — some employees will have to be let go.

How many? The company is not saying. “There will be some impact on headcount, but we will let you know that nearer to the date of actual merger,” Rory Read, chief integration officer, Dell, told the media.

Dell announced in October a merger with EMC — the top multinational in computer storage and cloud computing which is holding its annual conference here this week.

The $67-billion merger is the largest in tech history. On Monday, Dell chairman and CEO Michael Dell announced that the merged entity would be called Dell Technologies. The enterprise company, though, would be called Dell-EMC. Dell is a leader in PC technologies in the middle and lower segments. — IANS