Dell Inc. said Monday that it plans to buy 3PAR Inc., a high end data storage company, for $1.15 billion. Dell is betting that 3PAR’s thin provisioning approach, which treats storage as a utility, will result in a big payoff. Dell has been muscling its way into IT services since it acquired Perot Systems for $3.9 billion last year. The firm expects the acquisition will be completed by the end of the year, Dell said. The acquisition will help Dell as it competes more aggressively with Cisco, EMC, HP and IBM.”]
Source: https://www.darkreading.com/database-security/dell-to-acquire-3par-for-1-15-billion