Dell ramps up storage virtualisation with Compellent acquisition

Dell has completed its acquisition of virtualised storage provider Compellent Technologies for $940m (£578m).

Dell has completed its acquisition of virtualised storage provider Compellent Technologies for $940m (£578m).

Compellent shareholders approved the acquisition at a shareholder meeting. The two firms first entered merger talks in December.

Brad Anderson, senior vice president at Dell Enterprise Product Group, says the deal will complement the firm's storage portfolio.

"Our team is committed to helping Dell transform the datacentre with open, capable, and affordable solutions that allow customers to do more with their IT dollars," added Phil Soran, president of Dell Compellent.

Last year Dell was outbid by HP to buy storage virtualisation specialist 3Par for $1.6bn.

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