Dell and Compellent are engaged in exclusive negotiations for Dell to acquire Compellent at $ 27.50 a share, or $ 876 million. Because the storage business has seen bidding wars for Data Domain and 3Par over the past few years, and Compellent has been not-so-quietly building a state-of-the-art modular array, my friends down on Wall Street have bid Compellent’s stock up to $ 33 a share and are likely to be disappointed. Because I’m a geek, not a trader, I’m more concerned about how this will play out for Dell and Compellent customers.
Network Computing