Dell Inc. will add almost $50 billion in debt to complete its proposed acquisition of EMC Corp., the largest technology acquisition ever, bringing the closely held company’s total debt to about $60 billion, people with knowledge of the matter said.
The Biggest Technology Merger Ever
For two years, Michael Dell was the technology industry’s invisible man, toiling behind the scenes to remake the computer maker he founded three decades ago in his University of Texas dorm room. Now, with his audacious plan to acquire EMC Corp. -- the largest tech merger in history -- Dell is launching a once-improbable second act.
About a quarter of Dell Inc.’s $67 billion valuation for EMC Corp. hinges on a type of security that most of Wall Street considers an artifact of the technology bubble: tracking stock. Should anyone be concerned?
For almost his entire time as chief executive of EMC Corp., Joe Tucci has been dogged by one question: would the company survive on its own?
EMC Corp.’s stake in VMware Inc. has turned out to be valuable currency in the computing company’s planned $67 billion sale to Dell Inc. It also ranks as one of the biggest corporate investment returns in tech history.
Trains on one of Singapore’s main subway lines were halted during the morning rush hour on Tuesday because of a power fault, adding to service disruptions in recent years that were a topic of contention for voters in elections last month.
LeBron James is breaking up with McDonald’s Corp.
Google Inc. unveiled a mobile publishing platform aimed at making news articles on smartphones load faster, catching up with similar services recently introduced by Facebook Inc. and Apple Inc.
Obama’s security and counterterrorism adviser discusses battling Islamic State and its high-tech propaganda machine.
The camera maker wants to become a media company, and it’s amassing an army of extreme athletes aspiring to YouTube stardom.
Medallia President Amy Pressman and Medallia CEO Borge Hald discuss the $1B startup that specializes in customer experience management. They speak with Bloomberg’s Emily Chang on “Bloomberg West.” (Source: Bloomberg)
Apple Co-Founder Steve Wozniak sits down with Bloomberg's Emily Chang to dicuss the new "Steve Jobs" movie and future of Apple on "Bloomberg West." (Source: Bloomberg)
Greylock Partners Jerry Chen examines the Dell-EMC deal with Bloomberg’s Emily Chang and Alex Sherman on “Bloomberg West.” (Source: Bloomberg)
Mizuho Securities analyst Abhey Lamba discusses the Dell-EMC mega merger. He speaks with Bloomberg’s David Gura on “Bloomberg Markets.” (Source: Bloomberg)
Dell has agreed to purchase EMC Corp. in a $67 billion deal that would become the largest-ever technology acquisition Bloomberg's Matt Miller reports on "Bloomberg ‹GO›." (Source: Bloomberg)
Hack the Planet
Future of the Living Room
“Pan,” Warner Bros.’ new $150 million spin on the classic fairy tale, opened in third place in North American theaters, a disappointing debut for a film based on the well-known children’s character.
IAC/InterActiveCorp.’s Vimeo will fund its first slate of programming to lure customers to its fledgling on-demand video service and build on the success of “High Maintenance,” its first original show.
Amazon.com Inc. is exploring the creation of an online pay-TV service to complement its existing video offerings and has reached out to major media companies including CBS Corp. and Comcast Corp.’s NBCUniversal about carrying their channels, according to people familiar with the matter.
Moments before climbing into bed with supermodel Christie Brinkley, Donny Deutsch turns to the camera and tells viewers that a certain brand of vodka is perfect for the occasion.
Hulu LLC, the video streamer owned by three of the largest U.S. media companies, has been looking at new markets, but isn’t planning international expansion for now, said Chief Executive Officer Mike Hopkins.