Earlier on Dell Inc. had announced that it will close a $67 billion merger with EMC Corp. That finally came to be yesterday on the 7th September, 2016 and we have a new kid on the block. The merger has given birth to a new technology company that shall be referred to as Dell Technologies. The new company is now hailed as the world’s largest privately held technology company.
Dell Technologies will have a collection of independent business units tethered to each other. The company will now be similar to Alphabet, which has a bunch of independent units led by Google working closely with each other. The new, but still privately owned, Dell Technologies will have a number of subsidiaries, including Boomi cloud services, Pivotal, RSA, SecureWorks, Virtustream and VMware, the latter of which will continue to be publicly traded.
Another surety we have is that Dell Technologies will continue to sell Windows-based desktops, laptops and tablets under its Dell brand, and gaming PCs with the Alienware branding. Apart from that the new technology company will also be involved in selling servers, storage, networking and software products.
Michael Dell, chairman and CEO of Dell Technologies, 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.”
As we said earlier, Dell Technologies will be a mix of independent units tethered to each other. The Dell Technologies units will continue to function independently, but also work together to offer integrated products like hyperconverged systems that mix Dell’s servers, EMC’s storage, VMWare virtualization, and private-public cloud assets.
Being attached to other units will push the company’s growth into high gear, said Jeremy Burton, chief marketing officer at Dell. Independent units will be able to innovate and grow organically, but will report to mother company Dell Technologies.