El Dorado, Crescendo Win With Compellent Sale to Dell
Dell, this morning, finally got its consolation prize. On Monday, Dell reached a deal to buy Compellent, a data storage provider, for about $820 million, or $27.75 a share. The deal, which was announced last week, is expected to close in early 2011. Dell, the world's third-largest personal computer maker, is expected to use the acquisition to expand its data center offering. Compellent will give Dell technology that helps customers store, recover and manage large amounts of data, according to Bloomberg.
13 December 2010•2 mins read
