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Dell Buys IPO-Bound EqualLogic for $1.4 Billion

Posted by ScuttleMonkey on from the money-flying-making-a-new-bubble dept.

alphadogg writes "Dell is stretching further behind PCs and servers and boosting its storage business with a $1.4 billion buyout of EqualLogic, a storage company that filed to go public in August. CEO Michael Dell had hinted just last week that Dell could be on the prowl for some big game."

1 of 54 comments (clear)

  1. Interesting buy for Dell by warpedma · · Score: 3, Informative

    The whole EMC thing makes me wonder the reason for the purchase. That having been said, we've been using EqualLogic for 2 1/2 years, and at the price point, it's pretty much unbeatable. It's ridiculously easy to configure and grow. We've a small staff with a huge amount of storage (35 TB) due to the image intensive nature of our work (digital imaging). EqualLogic has been a life save for us from both time and performance standpoints. We could not have gotten purchase approval for anything faster.