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Related Terms. In storage terminology, the term consolidation is used mainly to refer to the concept of centralized storage where resources are shared among multiple applications and users. Traditionally, organizations have deployed servers with direct-attached storage (DAS) as file servers.
Such purchase may be of 100%, or nearly 100%, of the assets or ownership equity of the acquired entity. Consolidation occurs when two companies combine to form a new enterprise altogether, and neither of the previous companies remains independently.