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Dell finalises acquisition of Compellent Technology

24 Feb 2011 12:00 AM | Anonymous

Dell has completed its acquisition of virtualised storage provider Compellent Technologies for $940m (£578m).

Compellent shareholders approved the acquisition at a shareholder meeting. The two firms first entered merger talks in December.

Brad Anderson, senior vice president at Dell Enterprise Product Group, says the deal will complement the firm's storage portfolio.

"Our team is committed to helping Dell transform the datacentre with open, capable, and affordable solutions that allow customers to do more with their IT dollars," added Phil Soran, president of Dell Compellent.

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