Dell-EMC on the cusp after Chinese clearance - report

Chinese authorities have approved the duo's $63bn union, according to the New York Post

Dell has cleared the last remaining hurdle in its record-breaking $63bn (£48bn) takeover of EMC after getting the go-ahead from China, according to a report by the New York Post.

Chinese regulatory authorities have granted clearance for the deal 10 months after it was originally announced, the report said, citing a source with direct knowledge of the situation.

This follows approval from EMC shareholders last month.

Once the union - the largest in tech history - has been completed, the family of companies will be known as Dell Technologies. The PC business will retain the Dell moniker, with the enterprise unit that will house EMC being known as Dell EMC.

Dell recently named John Byrne as the global channel leader for Dell and EMC, but the two vendors will operate separate partner programmes until 1 February.

The enlarged company will generate 45 per cent of its revenues from the channel.

In a statement sent to CRN, Dell said: "The Dell-EMC transaction is on schedule under the original timetable and the original terms."