Dell-Compellent Round Up: Getting Ahead of the Cloud
Enterprise cloud and data storage company Compellent has been stirring a lot of buzz in the past few months, the most recent item is Dell’s $1 billion acquisition, now confirmed.
As we covered here, after the computer maker lost the battle over 3Par to HP, it’s now clashing with Hewlett-Packard (again), HP, EMC and IBM over share or even dominance of the storage industry. Dell is trying to regain its footing, and with cloud computing being one of the most prominent players in the IT industry it’s no wonder the company’s over-sized fiscal gloves are off.
Compellent is a big player in enterprise storage, and there are some very clear reasons behind the corporate bidding going on around it. The company and its offerings’ value grew along with its recently enhanced partnership with VMware. Compellent Storage Center systems were added to the VMware vCenter Site Recovery Manager package, increasing the overall effectiveness of the cloud recovery offering, both financially and functionally. Along with a recent product update to the Compellent Storage Center, which is now much more scalable, flexible, integrable and accessible, this contributes to the value of the company both for its clients and of course to its bidders.
In addition to enhancing its tech and offerings, Compellent has also recently increased its reach to the global market, expanding to Asia via its new channel partner, Tokyo-based IT consulting and software provider Fusion Systems. The storage giant has grown 38% in 2009 year-over-year, and after a rumor that the company has turned to Qatalyst Partners and Morgan Stanley to request certain solutions hit the market, its share even rose 13% to $19.99/share.
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