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emc shareholders, expected to close next year. as for your question about what is emc, it stores the information that companies generate electronically and what we mean talking about a storage company here. it s digital storage. analysts describe it as kind of like a file cabinet for the internet. that s one way to think about it, thomas. big data. he or she with the data wins. josh, this s what my sister says anyway. thank you. all right. so we move on to new hampshire where bernie sanders is addressing a no labels event this hour. earlier they heard from other candidates left and right an endonald trump, too. then, he served years in prison for a crime he didn t commit. msnbc s ari melber introduces us to a man working for the court that helped to free him. it s more than the cloud. it s multi-layered security and flexibility.
it s a big data computing company for cloud storage so the deal is worth roughly $67 billion. and the largest on record for technology. now, the deal is expected to give a huge boost to del once a pioneer in the now-stagnant pc market. josh lipton joins me to break it down. first, we have to explain what emc is to everybody. i give it a disclaimer. my sister works for emc. i know all about it but explain it for everybody else. well, so first, some background, thomas, real quick. a largest tech deal ever as you mentioned. del s paying $33.15 per share and includes cash and tracking stock linked to emc s interest in software company and the deal of $67 million as you mentioned. del founder and chief executive michael del leading as chairman and chief executive. deal still needs approval from