THE DEAL: Dell is buying data storage provider 3Par Inc. for $ 1.13 Billion.
THE REASON: Dell has Been beefing up storage ITS division as part of a broader effort Thurs sell "cloud computing" services, wakes up in companies pay Dell and others To Have Software Delivered over the Internet on a subscription Basis. Storage for data and files is a key part of the cloud equation.
THE FIELD: Dell faces stiff competition from storage NetApp Inc., EMC Corp., IBM Corp. and Hewlett-Packard Co..
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