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Cypress Software Co., Ltd. Cree Electronics Company (CREE Electronics of Dallas, Website Computer-Level Systems, LLC CW Industries Corp. Dell announces merger with Cisco The Dell acquisition is expected to accelerate the consolidation of the three companies listed on the New York Stock Exchange.
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With the announcement, Dell said it would “uncompete” on the Cisco platform by an impressive margin. The Dell portfolio will include three Dell laptops: four Delta Compaq Super Full Report (8-8 x 19-inch-1,200rpm) 17.55-inch Delta Compaq T2 (12-20 x 14-inch-1,100rpm) 25.45-inch Delta Compaq T2 (26 x 14-inch-1,400rpm) and 16.95-inch Delta Compaq T2 (30 x 14-inch-1,600rpm).
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This merger leaves a six-year gap for Cisco products, while Dell’s products enter to the future. The company was acquired for $23 billion by Hewlett Packard, which was spun off into Cefense, Inc. in 1992. The merger is now poised to phase in for Dell. By getting combined, the merger shows a bold shift in strategy aimed at growth and efficiency.
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In June, Dell’s president, Peter Moore, called the merger a “shocking turning point in technology,” Reuters reported. “The merger represents a step forward in making this part of our business more about increasing cost and quality than offering the same level of service,” Moore added. The merger also reflects growth in CME’s advanced manufacturing business, a new range of businesses including HP, Hewlett Packard and IBM, leading to greater efficiencies in such innovative and affordable products.