Dell to Buy EMC for $65 Billion, a Record Takeover in Technology - The New York Times

Dell deal done; also see Exclusive: EMC to shop itself after deal with Dell - sources (Reuters) and the Dell press release

"Now Dell is poised to strike the biggest-ever takeover in the technology industry by buying a fellow company grappling with swift changes: the storage provider EMC.

In striking its roughly $65 billion deal, which is expected to be announced as soon as Monday, Dell and its financial backer, the investment firm Silver Lake, are betting that a huge acquisition will help one of the best-known names in the industry keep up with the times."

Dell to Buy EMC for $65 Billion, a Record Takeover in Technology - The New York Times