Dell To Acquire Ocarina Networks

Dell Inc has announced that it has signed an agreement with San Jose-headquartered Ocarina Networks to acquire the company. The terms of the acquisition have not been disclosed.

Ocarina Networks operates in the domain of optimization technology for heavy-duty storage. The company’s offerings have the potential to free up 30% to 75% of existing storage capacities, releasing network bandwidth, power, cooling, data center space and management, resulting in CapEx and OpEx savings. In today’s business environment where data is largely unstructured, the company’s technologies can make a significant difference.

The acquisition of the company will allow Dell to integrate Ocarina’s products into its existing deduplication solutions portfolio.

Ocarina Networks was founded by Murli Thirumale in 2007, who was its CEO at the time of the acquisition. The company had been a vendor for Dell for over a year. Post acquisition, Dell plans to invest in further engineering and sales capabilities of Ocarina, and would not immediately move the company’s operations from its present premises. The present management team is also likely to remain intact.

Read more about the latest acquisition of Dell in storage technology domain, here.