Home » Tech News » Dell to Buy EMC for $65 Billion, a Record Takeover in Technology

Dell to Buy EMC for $65 Billion, a Record Takeover in Technology

Dell to Buy EMC for $65 Billion, a Record Takeover in Technology

SAN FRANCISCO — Two years ago, Michael S. Dell succeeded in taking the company that bears his name private, giving him time and flexibility to adapt it to a rapidly changing technology industry.

Now Dell is poised to strike the biggest-ever takeover in the technology industry by buying a fellow company grappling with swift changes: the storage provider EMC.

In striking its roughly $65 billion deal, which is expected to be announced as soon as Monday, Dell and its financial backer, the investment firm Silver Lake, are betting that a huge acquisition will help one of the best-known names in the industry keep up with the times.

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