Dell Technologies, New Name From Dell-EMC Union
Dell’s CEO, Michael S Dell may announce the name of the new company, which is likely to be called Dell Technologies, arising after the acquisition of EMC.
The acquisition is expected to cost Dell $59 billion and is expected to take place in the second half of this year. The company is also expected to announce that the combined client service division of the company will be named as Dell Inc., while the enterprise business division will be branded as Dell EMC.
The new company, Dell Technologies will also have a hold on companies including RSA, Pivotal, VMware, Virtustream and SecureWorks. The company is also expected to confirm its privately owned structure and has said that its investment strategies are of long term.
The US based technology giant has already bagged necessary regulatory approvals in critical markets like China and US. A shareholder note related to EMC acquisition is expected to be floated in June by Dell.
Industry experts predict that the merger of the two tech giants, which began as direct sellers will open the door of new opportunities for their partners, owing to unification and strategic changes in channel strategies. There are also speculations that the new enterprise arising out of the merger may also have a new incentive based sales model for cross selling to drive its global sales.
At present channels contribute to nearly half the revenue for both Dell and EMC.