Dell eyes up EqualLogic

Vendor plans to bolster services with proposed acquisition of EqualLogic

Michael Dell: "Leading the iSCSI revolution will help Dell accelerate IT simplification and virtualisation."

Dell has said it will go ahead and buy SAN vendor EqualLogic for $1.4bn, making it the largest acquisition in Dell’s history.

The vendor plans to further its strategy of offering a wider range of services to its customers.

In a statement, chief executive of Dell, Michael Dell, said: “Our customers will be dealing with the largest increase in data we have seen in our history over the next few years."

"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,” he added.

Dell said the boards of directors at both Dell and EqualLogic have approved the transaction although it is still subject to regulatory approvals and customary closing conditions.

The deal is expected to close late this year or early next year.

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