How will Dell justify its massive payout for EMC?
Dell's $67 billion acquisition of EMC stacks up as the largest technology deal in history. But if Michael Dell is gobbling up storage giant EMC in an attempt to stem the tide of movement from on-premise proprietary data centers to the cloud, it might be too little too late. Aside from merely bulking up, what exactly is Dell trying to do with EMC? If he hopes to leverage his new toy and its 83% stake in VMware to move deeper into the cloud, then this deal could end up justifying its enormous price tag. In a conference call about the deal, EMC CEO Joe Tucci reportedly claimed that being part of Dell as a private company would speed the development of cloud-based technologies.To read this article in full or to leave a comment, please click here