Dell is set to acquire storage specialist 3Par for about $1.15 billion to beef up its enterprise cloud offerings, the tech giant announced Monday.
3Par, founded in 1999, offers highly virtualized storage arrays designed to help businesses treat storage as a utility, meaning they use--and pay for--capacity only as they need it, Dell said. 3Par's offerings include data management features such as dynamic tiering and thin provisioning for multitenant cloud-computing environments.
With the addition of 3Par's capabilities, Dell said it aims to help customers reduce overall data management costs by 50 percent.
Dell plans to acquire all … Read more