3PAR Win Is Strategic Victory for Dell |
Reuters - Aug 26, 2010 |
Dell has reportedly emerged victorious in the battle with HP for virtualized storage provider 3PAR. After raising its bid to trump HP, Dell announced that 3PAR has accepted its offer. So, what does 3PAR bring to the table, and why was it such a hot commodity for the two tech giants to fight over?
There are two key strategic values to acquiring 3PAR. Virtualized storage enables Dell to expand its services offering and provide a source of revenue beyond server and desktop hardware sales. It also gives Dell a boost in the competitive cloud market.
Greg Richardson, an analyst with Technology Business Research, had this to say about Dell's aggressive pursuit of 3PAR. "Dell is buying its way into the solutions game," adding that Dell's "acquisition of enterprise storage vendor 3PAR marks the next rung in its ladder to becoming an enterprise solutions vendor."
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- Posted: 2010-08-26 21:25:51
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