EMC considered HP merger

EMC, data storage, information security and virtualisation provider, has been reported as having held merger talks with rivals Dell and HP.

In a story originally reported in the Wall Street Journal and subsequently confirmed by CNBC a merger had been a likely option. EMC had considered a deal with HP but walked away over possible financial terms and shareholder approval. The deal would have been one of the largest in recent years.

EMC provides of IT storage hardware solutions focused on data backup and recovery. The company is also invested in the cloud.

With a market value of nearly $60 billion with a lot of EMC’s value attributed to its majority stake in leading software virtualisation provider VMware. A merger between EMC and HP would create an enterprise giant capable of competing across the IT and cloud marketplace.

Website | + posts

Andrew McLean is the Studio Director at Disruptive Live, a Compare the Cloud brand. He is an experienced leader in the technology industry, with a background in delivering innovative & engaging live events. Andrew has a wealth of experience in producing engaging content, from live shows and webinars to roundtables and panel discussions. He has a passion for helping businesses understand the latest trends and technologies, and how they can be applied to drive growth and innovation.

Meet Stella

Newsletter

Related articles

The Metaverse: Virtually a reality?

Metaverses have the potential to enable virtual worlds to expand beyond the gaming genre to encompass all manner of social and commercial activities.

Cybersecurity and Cloud: A Look Back at 2022 and What to Expect in 2023

Businesses are continuously reassessing their resources and options to fill their tech stack. In this competitive digital landscape, the innovative use of technology will be something that would generate a competitive advantage for organisations.

Shopping for Data: Ensuring a seamless user experience 

This combination can drive a business’s data culture and provide a structured approach for businesses to benefit from data intelligence across their operations, with only a few clicks.

Unveiling the Top 10 Cybersecurity Threats to Watch Out for in 2023

As technology advances, so do cybercriminals' methods to gain unauthorised access to sensitive information. With the increasing reliance on technology in both personal and professional settings, it is crucial to stay informed about the top cybersecurity threats to watch out for in 2023.

Is sustainability ‘enough’ from a Cloud perspective?

The idea of uprooting entire sustainability initiatives that took years to formulate and deploy is unsettling for businesses but, in truth, it doesn’t have to be so revolutionary.

Subscribe to our Newsletter