Sunday, December 12, 2010

Dell to acquire Compellent for Virtualized Storage

Dell agreed to acquire Compellent,which specializes in highly-virtualized storage solutions with automated data management features, for an aggregate purchase price of approximately $820 million, net of Compellent's cash.

Compellent's solutions will be integrated into Dell's storage portfolio, including PowerVault, EqualLogic and Dell/EMC. Dell also plans to keep Compellent's existing operations in Eden Prairie, Minn., and will invest in engineering, support, operations and sales capability to grow this business.

Dell said the acquisition of Compellent will deliver on its commitment to provide its customers solutions that are open, capable and affordable.