Dell Puts Aside $60M for Big Data Storage Startups
Michael Dell was one of the speakers at the Fortune Brainstorm Tech conference in Aspen, and he elaborated on the newest element of his company’s storage company.
Dell is evolving. The hardware vendor, which makes most of its income from selling desktops to consumers and organizations, is shifting towards higher-margins areas such as data center equipment and cloud, with a very big emphasis on storage in particular. At last month’s Dell Storage Forum it was made very clear that the company’s commitment to this market is only expanding, and this week its founding CEO disclosed yet another detail.
Dell is launching a $60 million fund that will seek out and sponsor storage startups, noting an “enormous opportunity” for new companies.
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