Dell reported mixed earnings this afternoon for the second quarter of fiscal year 2012. Revenue in the quarter was $15.7 billion, up 1 percent over last year. GAAP earnings per share was $0.48, up 71 percent; non-GAAP EPS was $0.54 cents, up 69 percent. The company blew past EPS expectations, Dell missed slightly on revenue. [...]
Posted on August 16th, 2011 by admin
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Dell this morning announced that it will be acquiring Force10 Networks, which specializes in data center networking solutions, to ramp up its enterprise offerings. Terms of the transaction, which is subject to customary conditions, were not disclosed. The deal is expected to close in late summer. Based on revenue from the past 12 months, Force10 [...]
Posted on July 23rd, 2011 by admin
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Dell this morning announced that it is to acquire SecureWorks, a provider of information security services. Terms of the acquisition were not disclosed. SecureWorks offers a number of ‘Security-as-a-Service’ solutions and says it currently processes more than 13 billion security events and sees more than 30,000 malware specimens on a daily basis. The company, founded [...]
Posted on January 5th, 2011 by admin
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Dell has announced its intent to acquire InSite One, which offers cloud-based medical data archiving, storage, and disaster-recovery solutions to the healthcare industry. Terms of the acquisition were not disclosed. Dell says the combination of InSite One’s vendor-neutral archive software and storage services, combined with its own Unified Clinical Archive solution, will simplify data retention [...]
Posted on December 22nd, 2010 by admin
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Dell has officially announced that it aims to pick up Compellent, a provider of storage solutions with automated data management features for enterprise and cloud environments, for $27.75 per share in cash for each share of Compellent (a total equity value of approximately $960 million). The aggregate purchase price is about $820 million, net of [...]
Posted on December 14th, 2010 by admin
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Dell has just announced it has agreed to acquire Software-as-a-Service integration company Boomi. Terms of the deal were not disclosed and, as usual, the purchase is subject to customary closing conditions. Dell did not say when it expects to complete the purchase. Dell chairman and CEO Michael Dell had yesterday teased the press about an [...]
Posted on November 2nd, 2010 by admin
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It looks like we’re back to square one again. Dell has matched HP’s $2 billion offer to buy 3PAR, and HP upped the ante today with an offer worth $33 per share or $2.4 billion. 3PAR has accepted HP’s bid. Dell had previously signed an agreement to acquire 3PAR for $18 per share or $1.13 [...]
Posted on September 3rd, 2010 by admin
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It looks like the bidding war for 3PAR could be over. Dell has just issued a release indicating that it will not increase its most recent $2 billion proposal to acquire 3PAR, and the company’s has ended acquisition talks for the data storage company. Dell is entitled to receive a $72 million break-up fee from [...]
Posted on September 2nd, 2010 by admin
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As I was writing this, news of the HP / Dell bidding war for 3PAR broke on the front page of Yahoo. This made me laugh, as it typified just how crazy this story has become—few things outside of a bidding war will make a storage acquisition sexy enough to make mainstream news. At $30, [...]
Posted on August 30th, 2010 by admin
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The bidding war continues. Dell announced today that 3PAR has accepted its increased offer to acquire the storage leader for $27 per share in cash, or approximately $1.8 billion. Dell had previously signed an agreement to acquire 3PAR for $18 per share or $1.13 billion, with a provision for matching competing bids. HP then effectively [...]
Posted on August 27th, 2010 by admin
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