Terms of the transaction, which is subject to customary conditions, were not disclosed. The deal is expected to close in late summer.
Based on revenue from the past 12 months, Force10 Networks is a $200 million company, the press release reads, with operations in over 60 countries worldwide (but approximately 80 percent of its business in North America).
Force10’s “Open Cloud Networking” technology essentially allows customers to transform their network infrastructures into an open datacenter and cloud computing fabric. The solution is said to be based on open standards, automation and virtualization.
Force10 was founded in 1999 and is headquartered in San Jose, California, with R&D operations based in Silicon Valley. In 2009, Force10 merged with Turin Networks.
Customers include Internet companies, carriers, research laboratories and government organizations.
The company boasts a very long list of investors, including Crosslink Capital, Morgenthaler Ventures, Motorola, US Venture Partners, New Enterprise Associates and Meritech Capital Partners, but it’s unclear how much capital Force10 raised over the years.
Dell says it plans to keep Force10’s existing operations in the United States and Chennai, India, and keep growing the business.
Force10 Networks is a technology leader that provides the reliable infrastructure required to build and secure intelligent services networks. Force10â€™s products deliver the scalability, reliability and application awareness to cost-effectively deliver content from the enterprise or converged network to the mobile business user or consumer.
Dell is an end-to-end solutions provider that has evolved from a PC manufacturer to an enterprise IT solutions partner with servers, storage, networking, software and services that enable customers to drive results, create competitive advantage and expand their opportunities.