Dell to Acquire Ocarina Networks for Storage Optimization

Dell agreed to acquire Ocarina Networks, a start-up based in San Jose, California, for an undisclosed sum.

Ocarina offers online storage optimization technology, including compression and deduplication . The content-aware optimization technology enables customers to reduce storage space requirements and the amount of redundant data. Ocarina Networks was founded in 2007.

After closing, Dell plans to maintain and invest in additional engineering and sales capability. There are no plans to move the current operations. http://www.dell.com
http://www.ocarinanetworks.com

Ocarina is headed by Murli Thirumale (CEO), who previously was Group Vice President and GM of the Citrix Advanced Solutions Group, where he led the SSL-VPN division (acquired via Net6).
In February 2009, Ocarina Networks, a start-up based in San Jose, California, closed a $20 million Series B round of financing. The round was led by JAFCO Ventures with significant participation from Series A investors Kleiner Perkins Caufield & Byers and Highland Capital Partners.

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