Dell Technologies CEO Michael Dell said during an interview at the Boston Harbor Hotel that after buying EMC Corp. for $58 billion in 2016, they have realized “revenue synergies” beyond what they expected.
According to the Boston Business Journal, Dell said during the interview that the combination of Dell and EMC resulted in revenue gains that were “more than we planned for by a couple billion dollars.”
Dell also said during the interview that the two companies had partnered together to sell enterprise-focused computing products before the merger and “we knew from the period we had worked together that the cultures were quite compatible.”
The Business Journal article also details how the merger came together, much of which was already reported by Fortune magazine, including the detail that the two companies talked about merging back in 2008 but the deal fell apart due to the global financial crisis.
During the interview at the Boston Harbor Hotel, Dell dived into a little bit more detail about that almost-merger in 2008.
He said the two boards of directors would meet in undisclosed locations using code names, the Business Journal reports. After Dell took his company private, he wanted to re-ignite those merger talks.
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