Thursday, December 9, 2010

Dell is about to make a big move

Dell, the third largest computer company, is in talks to buy Compellent Technologies, which is a data storage company, after losing bidding war over 3Par to HP. 
The company announced today that it’s in talks to acquire Compellent for $27.50 a share in cash, valuing the business at about $876 million. The companies declined to comment further, saying no agreement has been reached.
 Compellent's stocks are going to go up by high if they agree to this deal, and I think it is going to happen, soon or later. It would be wise to buy Dell or Compellent right now, before Dell buy them.

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