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Dell completes takeover of EMC

2016-09-07 15:42:00| Telecompaper Headlines

(Telecompaper) Dell has completed its takeover of EMC and launched a new brand identity under the name Dell technologies. The takeover was first announced in October 2015, valuing EMC at USD 67 billion. EMC shareholders will receive USD 24.05 per share in cash and 0.11146 shares of tracking stock linked to EMC's stake in VMware for each share they hold in EMC. While VMware will remain a separate listed company, its management will change, with Michael Dell, chairman and CEO of Dell Technologies, taking over as chairman of the VMware board. Joseph Tucci, VMware's chairman since 2007, as well as John Egan, who served as a director on the VMware board since 2007, are resigning following the takeover.

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PTM Images Completes New Polystyrene Recycling Facility in Mexico

2016-09-06 20:58:00| Waste Age

The recycled material is later used for mouldings to create mirrors, picture frames and wall dcor.

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USS John Finn Arleigh Burke destroyer completes initial sea trials

2016-09-06 01:00:00| Naval Technology

The US Navys first Arleigh Burke-class (DDG 51) Flight IIA restart destroyer, the USS John Finn (DDG 113), has successfully completed the initial builder's sea trials in the Gulf of Mexico.

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Swedish-Danish firm AAK completes acquisition of CalOils from Japans Mitsubishi

2016-09-06 01:00:00| Food Processing Technology

Swedish-Danish vegetable oils and fats producer AAK has completed the acquisition of California Oils, a US-based producer of speciality oils.

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Ineos vessel completes loading ethane cargo at new Enterprise export terminal in US

2016-09-06 01:00:00| Ship Technology

The Ineos Intrepid vessel has completed loading the first cargo of ethane from Enterprise Products Partner Morgans Point terminal in Texas, US.

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