About month and a half ago, buzz began to surround Eden Prairie, Minnesota-based Compellent Technologies based on reports that Dell was interested in acquiring the storage startup. Rumor became reality today when it was revealed that Dell is acquiring Compellent for $960 million. The firm specializes in storage technologies that improve energy efficiency in data […]
Compellent: A green storage acquisition target?
Is another round of M&A drama about to ensue, courtesy of Compellent? First, there was the epic bidding war over DataDomain during the summer of 2009. EMC claimed victory over NetApp in that episode. Then earlier this year, HP was victorious in snatching 3PAR from Dell’s waiting hands. Now, Compellent’s latest, record-setting revenue disclosure and […]
3PAR bidding war update: HP offers $2.1 billion
How high will they go? HP one-upped Dell with a roughly $2.1 billion bid to snag storage virtualization and thin provisioning firm 3PAR. At stake is nothing less than cloud domination! Actually, no, but close. IT vendors are scrambling to build their cloud portfolios, which rests on offering technologies and platforms that can scale to […]
3PAR: Hints of a green storage bidding war
Last year, EMC and NetApp battled it out for DataDomain, whose claim to fame was a strong data deduplication portfolio. Data deduplication, as its name suggests, helps data center operators keep their energy and storage hardware costs in check by eliminating identical sets of data that would otherwise take up room on oftentimes pricey storage […]