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Dell to invest $1 billion to boost data storage products

The company has been trying to expand into the higher-end data storage market

Due to incorrect information supplied by the company, the story "Dell to invest $1 billion to boost data storage products" that ran on the wire on April 7, contained errors.

The period of investment is one year and the completion of the global solution centers will be completed over an 18 month period.

The story has been corrected on the wire and the first paragraph has been changed to read:

Dell plans to invest US$1 billion over the fiscal year 2012 to bolster its data storage products to business customers, with the money going toward the research of technology like cloud computing and virtualization, along with the development on new data centers.

The sixth paragraph has been changed to read:

Dell will complete the 22 global solution centers over the next 18 months.


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