Technology Today

Dell 2015 decision to buy EMC for $67 billion remains the largest pure tech deal in history, but a transaction of such magnitude created a mountain of debt for the Texas-based company and its primary backer, Silver Lake.Dell would eventually take on close to $50 billion in debt.
Years later, where are they in terms of paying that back, and has the deal paid for itself?When EMC put itself up for sale, it was under pressure from activist investors Elliott Management to break up the company.
In particular, Elliott reportedly wanted the company to sell one of its most valuable parts, VMware, which it believed would help boost EMC share price.
(Elliott is currently turning the screws on Twitter and SoftBank.)Whatever the reason, once the company went up for sale, Dell and private equity firm Silver Lake came ‘a callin with an offer EMC CEO Joe Tucci couldn''t refuse.
The arrangement represented great returns for his shareholders, and Tucci got to exit on his terms, telling Elliott to take a hike (even if it was Elliott that got the ball rolling in the first place).Dell eventually took itself public again in late 2018, probably to help raise some of the money it needed to pay off its debts.
We are more than three years past the point where the Dell-EMC deal closed, so we decided to take a look back and see if Dell was wise to take on such debt or not.Dell votes to buy back VMware tracking stock and go public againWhat it got with EMC





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


Everyone using Gmail given new inbox warning - watch out for dangerous hidden message


Forget Ring - this Blink doorbell alternative is only £28.99


Leading 20 pieces of tech Brits miss the most - consisting of corded phones and movie video cameras


Everyone utilizing Chrome put on red alert and informed to clear browsing data immediately


Rare deal that rivals Amazon sale sees Samsung Galaxy Smartwatch plummet to £39


Get a free Samsung Galaxy Watch - tech editor shares where to discover it


Fortnite down RECAP: Epic Games release declaration as video game continues to be offline


Top Tech: Sky launches UK's 'fastest broadband' with big 5Gbps fibre upgrade


Virgin Media users alerted they deal with new streaming block - examine your television and act now


All UK WhatsApp users put on alert and provided with immediate pointer this week


Gtech's 'perfect' cordless vacuum package is £& pound; 200 off and makes cleaning 'a lot simpler'


TOWIE's Pete Wicks succumbs to 'fake' Wimbledon influencer who tricked him


Sky summertime sale cuts cost of family essentials but Virgin has something much better


UK Fire television Stick users will be obstructed from popular streaming app on this exact date


Nifty Samsung code gets Galaxy fans this mobile for less


Sky TV block as brand-new crackdown interrupts UK homes from viewing content totally free


Sky's biggest-ever conserving on Gigafast broadband cuts £& pound; 96 off the ultimate upgrade


Google is fixing a major issue with your Gmail inbox, and free upgrade is coming soon


Top Tech: 5 Amazon-rivalling deals from Apple, Samsung, Shark and more


Amazon Prime Day: Favourite tech gizmos and home appliances we actually use and love


Consumers can get an Echo Pop speaker for less than ₤ 6 if they do one easy thing


Sky is dispensing a huge upgrade, however just if your postcode is on this list


Amazon slashes ₤ 450 off Shark self-emptying robotic vacuum in mega Prime Day offer


Newest Kindle hits lowest ever cost in Amazon Prime Day deal with over ₤ 100 off


Samsung unveils new Galaxy, and it makes your current Android phone appearance extremely inferior


Simply hours remain on Virgin Media's complimentary 4K TV deal - act quickly


Everyone with an Android phone placed on red alert as massive new threat validated


The 'finest' smart device of 2025 confirmed - has the iPhone or Android come out on top


Amazon's best Apple deals for Prime Day consisting of iPhone, iPad and AirPods


Tech professional warns 'never state yes' to 3 questions from callers you don't recognise


Millions of Brits 'forced to function as online security guards' for elderly family members


Leading Tech: Virgin Media's totally free television giveaway ends quickly as 48-hour countdown begins


All Amazon Prime users put on high alert - you need to follow 4 new rules today


Amazon gives you 3 reasons to ditch your Fire TV Stick and try something new this week


Apple fans rush for 22% off AirPods Pro 2 as Amazon Prime Day kicks off


Paramount+ drops to £3.99 in half price sale ending this week


Amazon is handing out free Echo speakers this week and here's how to get yours