Computer-maker Dell Inc struck a deal on Monday to buy data storage company EMC Corp (EMC.N) for $67 billion (44 billion pounds), setting a record in the technology in dustry, as it tries to transform itself into a giant in the fast-growing market for managing and storing corporate data. The acquisition, the year's third-largest in all sectors, highlights the frenzy of dealmaking sweeping the economy, as big or mature companies take advantage of low interest rates to buy rivals as a way to spur growth. The deal should help privately held Dell, the world's No. 3 computer maker, diversify from a stagnant consumer PC market and give it greater scale in the more profitable and faster-growing market for cloud-based data services. That desire to reach beyond PCs - whose growth has been stopped in its tracks with the rise of mobile devices - echoes moves by Dell's big rivals. Hewlett-Packard Co (HPQ.N), the No. 2 PC maker, is splitting off its computer and printer unit t...
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