World’s largest privately held tech company created

Dell Technologies today announced that it had completed its acquisition of EMC, bringing together their expertise in small, medium and large enterprises and in doing so creating the world’s largest privately controlled tech company.

Michael Dell, chairman and chief executive, said: “We are at the dawn of the next industrial revolution. Our world is becoming more intelligent and more connected by the minute, and ultimately will become intertwined with a vast Internet of Things, paving the way for our customers to do incredible things.

“This is why we created Dell Technologies. We have the products, services, talent and global scale to be a catalyst for change and guide customers, large and small, on their digital journey.”

Scottish connections

Both Dell and EMC have a presence in Scotland. Dell has operated its sales and customer support centre from Glasgow since 2005, and EMC has had a base in Livingston since 1999.

Jamie Dimon, chairman and chief executive of JPMorgan Chase, commented: “As one of the world’s biggest users of Dell and EMC, we spend approximately $9 billion a year on technology, including infrastructure as well as cloud computing, big data analytics and cybersecurity.

“I’ve known Michael Dell for 30 years. He’s top notch, ethical, and deeply cares about everyone he works with – both internally at his company and across the industry. I’m thrilled for Michael and the new company, and we are eager to see everything they create in the future.”

Marc Benioff, Chairman and CEO, Salesforce, added: “Salesforce’s partnership with Dell and EMC has been instrumental in pushing innovation across the industry.

“Michael is an incredible visionary and one of the most important leaders in our industry. He has been an amazing partner contributing to our success. Now with Dell Technologies, he is once again reshaping the technology industry.”