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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 ...

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 lin...