Newsademic British English edition 260

15th October 2015 
N e w s a d e m ic .co m ™
 - British English edition 
page 
12
zones. The Dutch officials said that 
the airspace over eastern Ukraine 
should have been closed. Two other 
passenger planes were not far from 
MH17 when it was hit. However, 
some other airline companies and 
aviation officials had already told pi­
lots not to fly over eastern Ukraine. 
This was because of the danger of a 
missile attack. □
D
ell
 
a n d
 
EMC
On 12th October the Dell Company 
announced that it plans to buy the 
EMC Corporation. (This company 
is also known as EMC2.) When one 
company buys another it is often 
called an acquisition. Michael Dell, 
the founder and boss of the Dell 
Company, has agreed to pay US$67 
billion (£44 billion) for EMC.
Currently Dell is a privately 
owned company. This means its 
shares are not listed on a stock ex­
change. Anyone can buy shares of 
a stock exchange listed company. 
They are also able to sell them. 
Shares in a privately owned compa­
ny can be bought and sold. Howev­
er, these deals are arranged private­
ly. EMC is a stock exchange listed 
company. Dell will pay each EMC 
shareholder US$33.15 (£21.50) for 
every one of their shares.
Dell is best known for its PC (Per­
sonal Computer) sales and repairs. 
With over 100,000 workers, it is one 
of the largest technology companies 
in the world. Michael Dell started 
the business in 1984. Then, most 
PCs were sold in shops. M r Dell 
believed that he could make money 
by selling them direct. Customers 
could call the company and order a 
PC. It would then be delivered a few 
days later to the custom er’s home 
or office. This meant that Dell did
not have to operate any shops or pay 
other stores to sell its PCs.
Dell PCs are assembled from