This news follows Dell's embarrassingly public failure to win a bidding war with HP for cloud storage vendor 3Par and not long after Dell's acquisition of data de-duplication vendor Ocarina and the remnants of defunct NAS vendor Exanet. Together with EMC's recent acquisition of NAS vendor Isilon, the big storage players are buying up smaller firms like fanboys dashing to get the latest iPhone on release day.
No wonder -- the data explosion isn't just an overhyped doomsday IDC stat. It's a real and growing phenomenon that is only compounded as enterprises and consumers start moving on-premise storage islands into the cloud, prompting the creation of new, much larger storage environments. Dell, EMC, HP, and IBM are doing everything they can to cash in.