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EMC Snapped up for Record-Breaking Price by Dell, Silver Lake, MSD

NEW YORK (The Deal) -- Michael Dell and Silver Lake are making a power grab in the enterprise technology market, with Dell's $67 billion takeout of EMC (EMC - Get Report) .

Singaporean firm Temasek is joining Dell's investment firm MSD Partners and Silver Lake in the buyout group. The deal is the largest ever in the technology industry and combines two of its biggest players.

It also reflects the restructuring and deal-making occurring the industry as large enterprise groups react to changes in technology paradigms as well as the intersection of shareholder activism and private...