M&A Deal Summary

DELL EMC Acquires Softworks

On December 27, 1999, DELL EMC acquired software company Softworks for 197M USD

Acquisition Highlights
  • This is DELL EMC’s 3rd transaction in the Software sector.
  • This is DELL EMC’s 13th largest (disclosed) transaction.
  • This is DELL EMC’s 4th transaction in the United States.
  • This is DELL EMC’s 1st transaction in Virginia.

M&A Deal Summary

Date 1999-12-27
Target Softworks
Sector Software
Buyer(s) DELL EMC
Deal Type Add-on Acquisition
Deal Value 197M USD

Target

Softworks

Alexandria, Virginia, United States
Softworks products improve the management, performance, and integrity of corporate information across Windows NT, UNIX, OS/390, and MVS platforms.

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Buyer(S) 1

Buyer

DELL EMC

Hopkinton, Massachusetts, United States

Category Company
Founded 1979
Sector Information Technology
Employees63,900
Revenue 24.4B USD (2014)
DESCRIPTION
EMC's corporate headquarters in Hopkinton, Massachusetts.
EMC's corporate headquarters in Hopkinton, Massachusetts.

Dell EMC, a part of Dell Technologies, enables organizations to modernize, automate and transform their data center using industry-leading converged infrastructure, servers, storage and data protection technologies. This provides a trusted foundation for businesses to transform IT, through the creation of a hybrid cloud, and transform their business through the creation of cloud-native applications and big data solutions. Dell EMC, formerly EMC Corp., was established in 1979 and is based in Hopkinton, Massachusetts.


DEAL STATS #
Overall 4 of 68
Sector: Software M&A 3 of 38
Type: Add-on Acquisition M&A Deals 3 of 67
State: Virginia M&A 1 of 1
Country: United States M&A 4 of 61
Year: 1999 M&A 2 of 2
Size (of disclosed) 13 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-12 Data General

Westborough, Massachusetts, United States

Data General Corp.,provides storage area networks are a means of attaching storage to computer networks used forstoring large amounts of data.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-14 Terascape Software

Needham, Massachusetts, United States

Terascape Software, Inc.,a provider of storage performance software, specializing in performance management for Oracle database environments.

Buy -