Dell introduced new data-storage systems as it expands in the
fast-growing business of selling tools that allow companies to
back up huge volumes of digital information.
SAN FRANCISCO, Feb 4 (Reuters) - Dell Inc on
Monday introduced new data-storage systems as it expands in the
fast-growing business of selling tools that allow companies to
back up huge volumes of digital information.
The new systems grew out of Dell's recently completed $1.4
billion purchase of EqualLogic, the company's largest
acquisition.
Dell's data-storage business has grown at a 30 percent
compound annual growth rate over the past seven years and is
one of the computer maker's fastest-growing businesses,
accounting for about $2.4 billion of total revenue, Chief
Executive Michael Dell said in an interview on Monday.
The systems, which start at $19,000 and are geared toward
medium-sized businesses, are available on Monday. They use
existing corporate network connections, eliminating the need to
install more-complicated and more-expensive connections.
"The Dell-EqualLogic product line is really going at the
bull's eye of the fastest-growing part of the storage
opportunity," Michael Dell said.
(Reporting by Philipp Gollner; Editing by Lisa Von Ahn)
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