Dellis acquiringiSCSIstorage virtualisation
firmEqualLogicfor £700m.
Dell said the acquisition will strengthen its product and
channel business for simplifying and virtualising IT for customers
globally. It said iSCSI storage area networking technology
represented the fastest growing part of the storage business.
"Our customers will be dealing with the largest increase in data
we have seen in our history over the next few years," said Dell CEO
Michael Dell. "Leading the iSCSI revolution will help Dell
accelerate IT simplification and virtualisation, and will drive the
Dell value proposition into more areas of the enterprise storage
business."
Dell said the acquisition is expected to close late in the
fourth quarter or early in the first quarter of next year.
After completion of the transaction, Dell plans to grow
EqualLogic's channel-partner programs with current and future
EqualLogic-branded products.
It also plans to incorporate EqualLogic technology into future
generations of the Dell PowerVault storage line available through
the channel and direct from Dell.