A technology company (or tech company ) is a company that focuses primarily on the manufacturing, support, research and development of — most commonly computing, telecommunication and consumer electronics-based — technology-intensive products and services, which include businesses relating to digital electronics, software, optics, new energy, and internet-related services such as cloud storage and e-commerce services.
17-613: Collins Aerospace is an American technology company that is one of the world's largest suppliers of aerospace and defense products. Headquartered in Charlotte, North Carolina , it is a subsidiary of RTX Corporation (formerly Raytheon Technologies). On November 26, 2018, United Technologies announced the completion of its Rockwell Collins acquisition, after which it merged its newly acquired business with UTC Aerospace Systems to form Collins Aerospace. This acquisition controversially led to multiple class action lawsuits being filed against
34-466: A $ 67 billion transaction. It was labeled the "highest-valued tech acquisition in history". In addition to Michael Dell , Singapore's Temasek Holdings and Silver Lake Partners were major Dell shareholders that supported the transaction. On September 7, 2016, Dell Inc. completed the merger with EMC Corp., which involved the issuance of $ 45.9 billion in debt and $ 4.4 billion common stock. The Dell Services , Dell Software Group, and
51-564: A more intuitive user experience. Venue systems are commonly used in various aircraft to manage lighting, entertainment, and environmental settings within the cabin. Collins Aerospace is engaged in designing, manufacturing and servicing systems and components for commercial aviation, business aviation, military and defense, helicopters, space, airports, and other industries. Collins Aerospace has six strategic business units: Aerostructures, Avionics, Interiors, Missions Systems, Connected Aviation Solutions, and Power & Controls. Collins Aerospace
68-549: A multi-year partnership deal with Dell Technologies. The partnership deal was extended in October 2021. On April 15, 2021, it was reported that Dell Technologies will spin out the remainder of its VMware shares to shareholders. The two companies will continue to operate without major changes for at least five years. As of FY 2024, approximately 50% of the company's revenue is derived in the United States. On January 29, 2018, it
85-403: A separate company, held via a new tracking stock , while the rest of EMC were rolled into Dell. The acquisition required Dell to publish quarterly financial results, having ceased these on going private in 2013. Dell Technologies has products and services in the field of scale-out architecture , converged infrastructure and private cloud computing . In February 2018, McLaren announced
102-783: Is an American multinational technology company headquartered in Round Rock, Texas . It was formed as a result of the September 2016 merger of Dell and EMC Corporation (which later became Dell EMC ). Dell Technologies ranked 48th on the 2024 Fortune 500 rankings of the largest United States corporations based on its 2023 revenue; its products include personal computers, servers , monitors, computer software, computer security and network security , as well as information security services. Dell operates under two divisions: On October 12, 2015, Dell announced its intent to acquire EMC Corporation, an enterprise software and storage company, in
119-554: Is classified by Fortune in the retail sector. The most profitable listed in 2020 are Apple Inc., Microsoft, Alphabet Inc. , Intel , Meta Platforms , Samsung , and Tencent . Apple Inc., Alphabet Inc. (owner of Google ), Meta Platforms (owner of Facebook ), Microsoft, and Amazon.com, Inc. are often referred to as the Big Five multinational technology companies based in the United States. These five technology companies dominate major functions, e-commerce channels, and information of
136-573: Is reported to have 530 employees at the time of its acquisition. In addition to over 100 U.S. satellites, equipment made by Ithaco has flown on Japanese, Canadian, French, German, Spanish, Swedish, and Argentinean spacecraft. Ithaco became notable for having manufactured the reaction wheels of the Kepler spacecraft , the Hayabusa spacecraft , the Mesosphere Energetics and Dynamics (TIMED) satellite, and
153-644: The Dawn spacecraft , which developed problems or even failed. On August 20, 2021, Collins Aerospace announced the acquisition of FlightAware for an undisclosed amount. FlightAware is a technology company that provides real-time, historical, and predictive flight data and flight-tracking products. Technology company According to Fortune , as of 2020 , the ten largest technology companies by revenue are: Apple Inc. , Samsung , Foxconn , Alphabet Inc. , Microsoft , Huawei , Dell Technologies , Hitachi , IBM , and Sony . Amazon has higher revenue than Apple, but
170-547: The Dell EMC Enterprise Content Divisions were sold shortly thereafter for proceeds of $ 7.0 billion, which was used to repay debt. In October 2017, It was reported that Dell would invest $ 1 billion in IoT research and development. Dell Inc. had returned to private ownership in 2013, claiming that it faced bleak prospects and would need several years out of the public eye to rebuild its business. EMC
187-739: The company alleging that the executives deliberately misled its shareholders on the nature of the acquisition. The new company reported $ 26 billion of combined sales in 2019 and is composed of 68,000 employees. In 2020 United Technologies merged with Raytheon Company to form Raytheon Technologies . In July 2023, Collins agreed to sell its actuation and flight controls business unit to French multinational Safran in an all-cash deal worth $ 1.8 billion. On 24 January 2024, Collins Aerospace, announced an investment of over £16 million at its Kilkeel site in Co Down for developing advanced passenger seating for wide-body and twin-aisle aircraft. This investment
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#1732858487034204-537: The entire Internet ecosystem. As of 2017, the Big Five had a combined valuation of over $ 3.3 trillion and make up more than 40 percent of the value of the Nasdaq-100 index. Many large tech companies have a reputation for innovation, spending large sums of money annually on research and development . According to PwC 's 2017 Global Innovation 1000 ranking, tech companies made up nine of the 20 most innovative companies in
221-421: The market and hindering both companies. The Wall Street Journal estimated that in 2014 Dell had revenue of $ 27.3 billion from personal computers and $ 8.9 billion from servers, while EMC had $ 16.5 billion from EMC II, $ 1bn from RSA Security , $ 6bn from VMware , and $ 230 million from Pivotal Software . EMC owned around 80% of the stock of VMware . The acquisition maintained VMware as
238-1144: The world, with the top R&D spender (as measured by expenditure) being Amazon, followed by Alphabet Inc., and then Intel. As a result of numerous influential tech companies and tech startups opening offices in proximity to one another, a number of technology districts have developed in various areas across the globe. These include: Silicon Valley in the San Francisco Bay Area , Silicon Wadi in Israel , Silicon Docks in Dublin , Silicon Hills in Austin , Tech City in London ; Digital Media City in Seoul , Zhongguancun in Beijing , Cyberjaya in Malaysia and Cyberabad in Hyderabad , India . Dell Technologies Dell Technologies Inc.
255-584: Was announced by Joe Kennedy III , US Special Envoy to Northern Ireland for Economic Affairs . In October 2024, Collins Aerospace, a business division of RTX (Raytheon Technologies), announced the first deliveries of its upgraded Venue cabin management system. This latest iteration of the Venue system incorporates advanced smart monitors and an enhanced graphical user interface, designed to improve in-flight entertainment and usability for both operators and passengers. The upgraded system emphasizes simplicity, allowing for
272-404: Was being pressured by Elliott Management Corporation , a hedge fund holding 2.2% of EMC's stock, to reorganize the unusual "Federation" structure, in which EMC's divisions were effectively being run as independent companies. Elliott argued this structure deeply undervalued EMC's core "EMC II" data storage business, and that increasing competition between EMC II and VMware products was confusing
289-580: Was the owner of Ithaco Space Systems, Inc., formerly owned by Goodrich Company and its successor UTC Aerospace Systems . In September 2020, Raytheon Technologies Corp. (NYSE: RTX) completes the sale of its electro-optics technology business headquartered in Danbury, Connecticut to AMERGINT Technologies Holdings, Inc. (ATH). The business is renamed Danbury Mission Technologies (Danbury). Andreas Nonnenmacher, President of Danbury Mission Technologies, concurrently assumes responsibilities as President of ATH. The business
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