Dell buys EqualLogic for $1.4 billion

Posted on Tuesday, Nov 06 2007 @ 03:26 CET by Thomas De Maesschalck
Dell announced it woll acquire storage firm EqualLogic for $1.4 billion. EqualLogic develops storage area network (SAN) systems based on the iSCSI standard.
The iSCSI standard is designed to operate on a company's existing Ethernet network, meaning businesses could lower costs by forgoing the need to install fiber networks.

"Our customers will be dealing with the largest increase in data we have seen in our history over the next few years," Michael Dell, chief executive, said in a statement. "Leading the iSCSI revolution will help Dell accelerate IT simplification and virtualization."

Virtualization software allows users to run a number of operating systems simultaneously on the same computer. Now on News.com

Dell, which has slipped a notch in the PC market, has been increasingly turning its attention to storage.
Dell says the EqualLogic technology will be integrated into the PowerVault storage products. The EqualLogic brand will be retained for current and future products.

Source: CNET


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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