M&A Deal Summary

DELL EMC Acquires Virtustream

On May 26, 2015, DELL EMC acquired internet software and services company Virtustream for 1.2B USD

Acquisition Highlights
  • This is DELL EMC’s 13th transaction in the Internet Software and Services sector.
  • This is DELL EMC’s 5th largest (disclosed) transaction.
  • This is DELL EMC’s 61st transaction in the United States.
  • This is DELL EMC’s 2nd transaction in Maryland.

M&A Deal Summary
Date 2015-05-26
Target Virtustream
Sector Internet Software and Services
Buyer(s) DELL EMC
Deal Type Add-on Acquisition
Deal Value 1.2B USD

Target

Virtustream

Bethesda, Maryland, United States
Virtustream, Inc. is a provider of software and services enabling enterprise class cloud computing.

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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 68 of 68
Sector (Internet Software and Services) 13 of 13
Type (Add-on Acquisition) 67 of 67
State (Maryland) 2 of 2
Country (United States) 61 of 61
Year (2015) 1 of 1
Size (of disclosed) 5 of 25
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 Maginatics

Mountain View, California, United States

Maginatics, Inc. is a cloud technology provider offering a highly consistent global namespace accessible from any device or location.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-07 Syncplicity

Denver, Colorado, United States

Syncplicity is a provider of cloud-based file management solutions. Syncplicity provides native cloud-based sync and share capabilities required by enterprise customers. Enterprise sync and share solutions are increasingly required by companies in response to the proliferation of mobile, social and cloud computing. Syncplicity was founded in 2007 and is based in Denver, Colorado.

Sell -
Mergr

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