"The tie-up, valued at about $67 billion when it was first announced almost a year ago, brings together the leading provider of key storage products and one of the top makers of servers and personal computers as both companies grapple with rising interest in cloud-based services from rivals such as Amazon.com Inc., Microsoft Corp. and Alphabet Inc.’s Google. Dell Technologies plans to invest $4.5 billion a year in research and development going forward after cumulative investments of more than $12.7 billion over the past three years, according to the company."

http://www.datacenterknowledge.com/archives/2016/09/07/dell-emc-complete-largest-tech-deal-look-to-invest/