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Categories: Dell Technologies Dll EMC

The #Dell – #EMC merger, announced last October, would create a more-than $70 billion global IT powerhouse with significant strengths from PCs to security and the high-end data center. Dell’s proposal to acquire EMC came just as EMC’s battle with activist investor Elliott Management had come to an uneasy truce. Elliott, hungry for increased earnings and shareholder value from the data storage giant, had been pushing for the breakup of EMC’s so-called “federation” of companies. Now, Dell will assemble a vast conglomerate of businesses under the #DellTechnologies umbrella. The company’s enterprise business will be run from EMC’s headquarters in Hopkinton, Mass., while the rest of the business will be run from Dell’s home in Round Rock, Texas. The deal has received the seal of approval from two independent proxy firms, ISS and Glass Lewis, and hasn’t been the subject of any public investor unrest. Click through to check out five things to know about the deal as investors gather to cast their votes.

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