Dell buys California firm to help compress data
Dell Inc. is buying a 3-year-old California company that compresses computer data in order to reduce storage costs.
It expects to close on the purchase of Ocarina Networks of San Jose, Calif., for an undisclosed price before the end of July.
Ocarina, Dell said, has groundbreaking technology that helps companies cut their data storage spending by minimizing redundant data. Reducing the flood of data from the Internet, e-mail and images can create big costs for companies in terms of storage hardware, networking capacity, power, cooling and data center investment.
Dell said Ocarina’s technology complements Dell’s existing EqualLogic subsidiary, which makes storage networks. Dell added that it plans to add more engineering and sales capacity at the California company.