News of the talks was originally the reported in the Wall Street Journal, citing people familiar with the matter.
Under pressure from an activist shareholder and the expected retirement of its longtime CEO, the company is exploring options including a sale, the report said.
While CEO and founder Michael Dell would not address any specifics, he told CNBC Monday, "We're very interested in the storage market. Certainly as there are opportunities to expand inorganically, we'll consider those. Don't have any comments on a specific idea that may be out there."