Business round-up: Four key stories of the day

Dell is buying EMC in a deal worth about $67bn

Computer giant Dell is buying data storage company EMC in a deal valued at about $67 billion (£43.6bn). The companies said that the combined business will create the world’s biggest privately held integrated technology company.

Investment bank Cantor Fitzgerald Europe (CFE) said it was opening an office in Edinburgh after hiring a team from rival Shore Capital. The US-owned group said the team includes healthcare analysts Brian White and Paul Taylor, along with equity salesmen Richard Sloss and Andrew Keith.

Office occupier take-up in Edinburgh is set for another record-breaking year, according to new research by property consultant JLL. The firm said 193,000 square feet was transacted between July and September, up more than 30 per cent on the same period last year, with occupier take-up for the year to date sitting at 605,000sq ft.

Edinburgh-based telecoms firm Commsworld lifted its full-year revenue forecast after picking up a string of “significant” contract wins. The company, founded in 1994, has also predicted that its 50-strong workforce could swell to 60 by the end of the year.