November 5, 2007
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Today, Dell has announced that it is planning to acquire EqualLogic in a $1.4 billion all-cash deal. Dell is seeking
to broaden its reach by further bolstering its data storage operations.
EqualLogic develops SAN (storage area network) systems based on the iSCSI standard. The new standard is designed
to operate on a company's existing Ethernet network, meaning businesses could significantly reduce costs by forgoing
the need to install fiber networks.
Michael Dell, CEO of the Texas-based company said "over the next couple of years, our customers will be dealing
with the largest increase in data we have seen in our history. Leading the iSCSI revolution will help Dell accelerate
IT simplification and overall server virtualization."
Server virtualization software allows users to run a number of operating systems simultaneously on the same
server.
In the latest 12 months, the computer maker has slipped a few percentage points in the global computer market, and has
been increasingly turning its attention to data storage.
Now, Dell plans to integrate EqualLogic's technology into future versions of its Dell PowerVault storage line,
as well as retain the EqualLogic brand for current and future products.
Dell's new acquisition is expected to close during the company's fiscal fourth quarter or early into its
first 2008 quarter.
Less than two months ago, Dell introduced a new storage consolidation system designed for small and medium-size
businesses. That SAN array was also based on the iSCSI standard.
Today, shares of Dell were down 1.53 percent in early morning trading, at $29.59 a share.
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