Dell has signed an agreement to acquire 3PAR for multi-tenant cloud-computing environments. The transaction is valued at approximately $1.15 billion.
“We have aligned our storage offerings over the last several years to provide our customers choice and value,” said Brad Anderson, Senior Vice President, Enterprise Product Group Dell. “3PAR brings the same values of performance, agility and ease-of-use to higher end, virtualised storage deployments as EqualLogic does for the entry-level and mid-range, rounding out our industry-leading solutions portfolio.”
3PAR has designed its products to minimise upfront and ongoing capacity purchases, and to reduce power consumption and energy costs. 3PAR’s storage architecture is the underlying technology platform for IT organisations to build agile and efficient virtualised IT infrastructures for flexible workload consolidation.
3PAR’s storage arrays are designed to overcome the limitations of traditional modular and monolithic arrays. 3PAR addresses the problem of costly, complex, and rigid IT environments and enables organisations to treat storage as a utility allowing them to use and pay for only the capacity and performance they need, and only when they use it.
“3PAR has consistently provided customers with the ability to do more with less,” said David Scott, President and CEO, 3PAR. “With Dell we combine a powerful, virtualised storage platform with an outstanding distribution network to deliver this value to an even broader set of customers.”
Dell plans to make 3PAR an integral part of its industry-leading storage portfolio, including PowerVault, EqualLogic and Dell/EMC.