Dell acquires Force 10 Networks

Dell acquires Force 10 Networks
Dell acquires Force 10 Networks

Dell has announced to acquire the U.S.-based $200 million revenue networking company Force 10 Networks. It’s chennai based reserarch center having 270 people will be used as a crucial part for Dell’s networking business. center’s employee will be doubled in 12-18 months, said Dario Zamarian, Vice-President and General Manager, Dell Networking. The global networking market was pegged at $6 billion and this was expected to grow to $16 billion by 2016.
Addressing a press conference here on Tuesday, Suresh Vaswani, Executive Vice-President, Dell Services, and Chairman of Dell India, said India was playing a strategic part in driving Dell’s transformation globally into a solutions and services enterprise. Chennai was a crucial growth engine from three view-points such as manufacturing, services and R&D. With the acquisition of Perot Systems, Chennai was a key centre for Dell Services and with the takeover of Force10, the Chennai R&D team would make foray into networking. Dell expected the transaction to be accretive to earnings in the second-half of next year. It would also hire several hundred new team members in engineering, sales and marketing.

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