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Enterprise storage systems vendor Nexsan sets IPO terms; will be first storage IPO since 2007

Nexsan, a provider of disk-based storage systems for long-term digital information storage, announced terms for its IPO on Friday. The Thousand Oaks, CA-based company plans to raise $55 million by offering 5 million shares at a price range of $10-$12. At the...read more

Dell to acquire enterprise storage provider EqualLogic

Dell announced on Monday that it had entered into a definitive agreement to acquire EqualLogic, which provides high-performance storage products that simplify the way enterprises retain, access, manage and protect their data, for $1.4 billion in cash. ...read more

Storage area network company Compellent prices above the range

CML

Compellent Technologies, which provides enterprise-class storage area networking solutions, priced its 6 million share offering at $13.50, 23% above the midpoint of the $10-$12 range, Tuesday evening. Morgan Stanley was the lead manager on the deal. The stock...read more

Network storage solutions provider Compellent Technologies announces terms

CML

Compellent Technologies, which provides enterprise-class network storage solutions, filed terms with the SEC Friday for its upcoming IPO. The company plans to offer 6 million shares at a price range of $10 to $12 per share. Morgan Stanley is the lead manager on...read more