Dell has signed an agreement to acquire 3PAR, a leading global provider of highly-virtualized storage solutions with advanced data management features, including dynamic tiering and thin provisioning, for multi-tenant cloud-computing environments. The transaction is valued at approximately $1.15 billion, net of 3PAR’s cash.
According to the company, power, space, and administrative costs are dramatically cut by 3PAR’s Utility Storage platform in comparison with traditional storage arrays. According to a statement released by Dell, seven top-10 service providers in the world, that are grossing managed, use it.
We still remember that system integrator Perot Systems was acquired by Dell for $3.9 billion last year, in such a way, the company showed its competitors and all market participants in general that is had serious plans in relation to the computer market.
The 3PAR deal has become just the most recent step taken by Dell in order to flesh out its technologies. Furthermore, it was previously announced that the company was planning to purchase Ocarina Networks, storage optimization provider, and Scalent, server provisioning vendor.