(Bloomberg) -- Dell Technologies wrapped up the acquisition of EMC Corp. in the largest technology deal in history, positioning the company to use its size to invest in new areas and fend off competition from the cloud and other rivals.
The combination creates a $74 billion business that serves 98 percent of Fortune 500 companies, Dell said in a statement Wednesday. It also takes EMC out of the glare of the public markets as the company is privately controlled.
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