The history of Dell Technologies is the history of two technology companies with one vision: to make technology widely available. Dell Technologies is playing an important role in transforming the digital presence of people.
In 1979, Richard Egan and Roger Marino, former university roommates, quit their jobs and founded EMC in Newton, Massachusetts. Five years later, Michael Dell, a young student at the University of Texas, founded PC Limited with a $ 1,000 investment. This company has changed the game for how technology is developed, manufactured and sold. Michael Dell drops out at the end of his first year to devote his free time to business development.
In 1987, Dell opens its first international subsidiary. Already in 1988, with an increase of 80 percent a year, Dell becomes a publicly traded company. The acquired capital is used to expand the range of products and a presence in the global market. In 1996, the company began selling over the Internet for the first time in the world.
In 1997, EMC was named the world leader in the open storage market.
In 2001, Dell ranked first in the supply of computer systems in the world and servers based on Intel in the United States. Dell signs an agreement with EMC to offer affordable networking solutions for the enterprise sector.
In 2013, Michael Dell buys out a controlling stake, and the company becomes private again. Dell's goal is to accelerate the development of its solution strategy and focus on innovation and long-term investment.
From the beginning, Dell has focused on selling technology directly to people rather than through retail outlets. For EMC, it was Symmetrix, the storage solution that changed the way data centers operate in large enterprises. By the new millennium, both Dell and EMC have become market leaders.
Dell and EMC merge in 2016. EMC is part of the redesigned Dell Technologies Corporation as a subsidiary of Dell EMC, with plans to move Dell's corporate servers, storage and some other business units to this business unit. This deal is considered the largest technology deal in history.