Sayenko Kharenko’s antitrust team has provided legal assistance in obtaining merger clearance with the Antimonopoly Committee of Ukraine (the “AMC”) for the USD 67 billion acquisition by Denali Holding Inc (Dell) of EMC Corporation (EMC), the largest technology merger in history. The transaction has created the world’s largest privately-controlled tech company.
Dell EMC, a part of Dell Technologies, enables organizations to modernize, automate and transform their data center using industry-leading converged infrastructure, servers, storage and data protection technologies. Dell EMC brings together Dell’s and EMC’s respective strong capabilities and complementary portfolios, sales teams and R&D. Dell EMC services its customers – including 98 per cent of the Fortune 500 – with the industry’s broadest, most innovative infrastructure portfolio from edge to core to cloud.
After examining the proposed transaction, the AMC has concluded that its implementation poses neither threat to competition nor significantly limits competition on any product market in Ukraine.