Check also: Dell to acquire EMC for $67 billion
The global computer data storage company which has a market capitalization of almost $50 billion and 50,000 employees agreed in October 2015 that it will be acquired by Dell, Inc for $67 billion deal.
The Dell – EMC deal could make Dell to be the world’s third largest personal computer manufacturer.
The company will continue to operate as separate legal entity while its under going work-force reduction until its Dell acquisition deal is completed, the main reason as to why the global computer storage company confirmed its reduction in work-force is because its profits declined a lot recently.
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