Dell’s $3.9 billion deal with Google to buy Epson is the biggest tech deal to hit the US in the past five years
Dell announced today that it has agreed to buy Google for $3 billion, putting the chip maker on the verge of buying the biggest company in the world.
The deal was announced during a conference call between Dell and Google CEO Sundar Pichai, which was not available online.
Google was founded in 1999 and has a market cap of $68 billion.
Dell has more than 500 million employees.
The move gives Dell the biggest acquisition in US history, according to analysts.
The company also said that it plans to add $300 million in cash to the acquisition.
The $3-billion deal is expected to close by the end of the year.
Dell said that the acquisition will create about 1,500 jobs.
The company said it plans on adding additional employees to the Dell Epson team.