Dell Targets High Growth Storage Market
Trefis submits:
Dell (NASDAQ:DELL) on Tuesday announced that it is beefing up its storage solution portfolio in several high growth areas. In particular it added new scalable network-attached storage (NAS) and unified storage capabilities to its EqualLogic product family as well as new Fibre Channel additions to its Compellent and PowerVault families. [1] In the past year, Dell has made a number of acquisitions in the storage sector – Compellent, Exanet and Ocarina Networks [2] and is targeting the fast growing market for big data in the face of stiff competition from players like EMC (NYSE:EMC), NetApp (NASDAQ:NTAP), HP (NYSE:HPQ) and IBM (NYSE:IBM). We estimate that storage makes up less than 5% of our $20.12 Trefis price estimate for Dell, which is about 30% above the market price. Dell Aims to Gain Storage Market Share with Addition of NAS Dell is focused on the development and acquisition of storage intellectual property thatComplete Story »
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