EWeek is reporting:
The acquisition, which is expected to close either by the end of 2007 or the first quarter of 2008, is also expected to strengthen the Round Rock, Texas, company's channel program after it begins incorporating EqualLogic's technology into its PowerVault storage portfolio.
EqualLogic, which earlier this year announced that it would pursue an initial public offering in the wake of VMware's successful stock announcement, incorporates iSCSI storage protocol into its products.
Storage remains one of the most talked about areas of IT management, and Dell is jumping into the market as more and more storage capacity is being shifted to IP SANs (storage area networks). The iSCSI SAN market is expected to grow from about $600 million in 2006 to $6 billion in the next five years, according to IDC.