Dell To Buy Data Center Solutions Provider Force10 Networks
Dell this morning announced that it will be acquiring Force10 Networks, which specializes in data center networking solutions, to ramp up its enterprise offerings.
Terms of the transaction, which is subject to customary conditions, were not disclosed. The deal is expected to close in late summer.
Based on revenue from the past 12 months, Force10 Networks is a $200 million company, the press release reads, with operations in over 60 countries worldwide (but approximately 80 percent of its business in North America).
Force10’s “Open Cloud Networking” technology essentially allows customers to transform their network infrastructures into an open datacenter and cloud computing fabric. The solution is said to be based on open standards, automation and virtualization.
Force10 was founded in 1999 and is headquartered in San Jose, California, with R&D operations based in Silicon Valley. In 2009, Force10 merged with Turin Networks.
Customers include Internet companies, carriers, research laboratories and government organizations.
The company boasts a very long list of investors, including Crosslink Capital, Morgenthaler Ventures, Motorola, US Venture Partners, New Enterprise Associates and Meritech Capital Partners, but it’s unclear how much capital Force10 raised over the years.
Dell says it plans to keep Force10’s existing operations in the United States and Chennai, India, and keep growing the business.
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