The newly named Dell Technologies today announced that the merger with EMC Corp. is complete, effectively establishing “ the world’s largest privately-controlled tech company.”
According to the firm, formerly Dell Inc., the combined company is now a US$74 billion market leader with an expansive technology portfolio that solves complex problems for customers in the IT areas of hybrid cloud, software-defined data centre, converged infrastructure, platform-as-a-service, data analytics, mobility, and cybersecurity.
The newly formed technology company now serves approximately 98 per cent of Fortune 500 firms and competes in a market with players such as HPE and Cisco Systems Inc.
Dell Technologies contains previously acquired firms Boomi, Pivotal, RSA, SecureWorks, Virtustream and VMware. For enterprises — specifically technology decision makers — the deal means Dell Technologies now represents a group of smaller subsidaries with a wide range of often overlapping product and sector offerings, from VMware’s cloud computing solutions, Dell’s PCs and servers, along with EMC storage products.
This broad scale will enable Dell Technologies to deliver stronger services and support and deliver more efficient and cost-effective solutions for customers, the company claimed.
Company CEO Michael Dell said previously that after the close of the Dell/EMC deal the new company would embarked on a worker study with about 7,500 employees from Dell and EMC to measure culture. Michael Dell revealed that the culture is very similar with the top five traits being the same. The first trait being customer focus, he said.
Michael Dell has been consistent in his message ever since the announcement saying that Dell and EMC portfolio are complimentary — the Dell EMC brand will be the new company’s Enterprise business sub-brand and the original “Dell” name will continue to be used for client solutions.