Dell completes acquisition of Compellent Technologies
[Round Rock, Texas, 24 February 2011] -
Dell (NASDAQ: Dell) today completed its acquisition of Compellent Technologies, (NYSE: CML), a rapidly-growing provider of highly-virtualised storage solutions with automated data management features, including tiering and thin provisioning, for enterprise and cloud computing environments.Compellent shareholders approved the acquisition at a special shareholder meeting today.Compellent Fluid Data technology combines a powerful data movement engine, intelligent software and modular hardware that can help cut costs up to 80%.
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