Sometimes the facts speak for themselves. For the year ending January 21, 2020, a company called EMC International generated operating income of just $599,000. This was down heavily from the previous year when the figure was $1.1 billion. EMC International is part of the data storage multinational acquired by Dell in 2016, and this subsidiary plays a crucial role in the financial flows of both EMC and the wider Dell operation. Filings show that it “acted as the principal holding company for predominantly all Dell and EMC operations outside of the United States, Canada and Mexico”. As part of this,…

Join The Currency

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 2,500 exclusive interviews, investigations, and analysis, plus over 180 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.