EMC Global X Emerging Markets Great Consumer ETF

EMC Corp. shareholders Tuesday approved Dell Inc.'s $60 billion offer, in what would be the largest technology merger ever.

The newly combined entity, to be named Dell Technologies, aims to be a one-stop shop for information technology sold to businesses. It will consolidate diverse products and services under one umbrella, including personal computers, servers, storage and networking equipment.

All that remains for the deal to move forward is regulatory approval from China.

"The board evaluated numerous options and decided that the merger with Dell is the best outcome," EMC Chief Executive Joe Tucci said before the vote.

Write to Rachael King at rachael.king@wsj.com

(END) Dow Jones Newswires

July 19, 2016 11:15 ET (15:15 GMT)

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