Dell has claimed that its $820m (£517m) acquisition of storage firm Compellent was not a consolation prize after it lost out in a bidding war for 3Par to HP.
At the time, Dell raised its bid to $1.6bn (£1.03bn) for 3Par. However, Dell's global head of large enterprise and public business, Paul Bell, claimed that Compellent was "always our first choice" as its offering was more in line with Dell's overall strategy.
"The Compellent technology, we believe, is far more broadly applicable across our customer base and a better fit to our ease of use and return on investment [strategies]," he said.
"Sometimes it's better to be lucky than good in terms of how these deals turn out and, at the end of the day, Compellent is a much better fit for us, as 3Par is more focused on the service provider world."
When pressed as to why Dell had offered so much during the protracted bidding with HP, Bell said that the outcome proved that 3Par was being overvalued, mirroring comments made by Michael Dell earlier this year.
Stephen Murdoch, head and vice president of large enterprise and public business for EMEA at Dell, added that, since the Compellent acquisition was completed, the firm has begun to make inroads into new markets.
"We're off to a cracking start and we've now sold in the UK, France, Germany, Switzerland, Spain and South Africa," he said.
Bell added that Dell had not seen its component supply chain affected by the earthquake in Japan, as the majority of its parts come from China.
Analyst firm IHS iSuppli warned yesterday that the after-effects of the quake could seriously affect the electronics supply chain for months to come.
TSB IT fiasco has "all the hallmarks of an IT meltdown", claims Treasury Committee chair Nicky Morgan MP
The first appeals over Apple's Irish taxes will take place in the autumn, confirms Ireland's finance minister
Stephenson will design the inside and outside of the futuristic Lillium jet.
The new policy is aimed at making the social network is a safer place