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Dells says there will be no EMC sell-off
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Dells says there will be no EMC sell-off
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17th November 2015, 16:37
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,578
 |  Dells says there will be no EMC sell-off Tinbox shifter, Michael Dell has confirmed that the has no intention to asset strip EMC and flog off small bits of it. Reuters had reported that the company could sell off $10bn of assets to reduce the $49.5bn of debt it will be taking on to fund the acquisition. Logically this would mean Perot Systems, Dell’s own service arm, acquired for $3.9bn in 2009, Quest, which it bought for $2.7bn in 2012; and SonicWall, which it reportedly acquired in 2012 for $1.2bn would be logical sales. Dell’s Equalogic service must also be in doubt given that it overlaps with EMC’s SAN portfolio. http://fudzilla.com/news/39265-dells...o-emc-sell-off |
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