- The Dell/EMC merger just cleared its last hurdle — regulatory approval by China’s Ministry of Commerce — and will close September 7, 2016, according to a joint announcement.
- The new combined company, Dell Technologies, will begin operating immediately following the close of the transaction.
- Last month, approximately 98% of EMC shareholders voted in favor of the $60 billion merger, the company said.
Michael Dell told VMworld 2016 attendees that once the deal closes "you will see a whole new series of engineered solutions we have been working on together," according to The Register.
Dell shared a stage with VMware CEO Pat Gelsinger at the event, adding that Dell Technologies plans to focus on delivering the innovative solutions enterprise customers want.
Dell Technologies includes the two companies' enterprise infrastructure and PC businesses, as well as other businesses Dell and EMC own including VMware, SecureWorks, Pivotal, Virtustream and RSA.
Joe Tucci, chairman and chief executive officer of EMC, said the combination of Dell and EMC "creates a new powerhouse in the industry – providing the essential technology for the next era in IT."