Cloud Computing Sector to Witness More M&A in 2011, PwC Report

Cloud Computing Sector to Witness More M&A in 2011, PwC Report The rush for cloud-based technology solutions and development of virtualization and security technologies will fuel growing interest in cloud computing during 2011 and a new wave of mergers and acquisitions (M&A) is expected, a recent report by PwC revealed. Cost savings opportunities and growing

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HP continues its position by increasing the bid for 3Par Inc

By Associated Press SEATTLE — Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker could be worth more with one of the PC companies’ marketing muscle behind it. The latest offer from HP for $27 per share in cash, or about

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HP launches $1.6 billion bid for 3PAR

Reuters| Mon Aug 23, 2010 NEW YORK: Hewlett-Packard Co launched a $1.6 billion bid for data storage company 3PAR Inc on Monday, topping an offer by technology rival Dell Inc. HP bid $24 a share for 3PAR, about 33 percent more than Dell planned to pay in a deal announced a week ago. At the

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Dell pays $1.15 bln for storage company 3PAR

Aug 16 (Reuters) – Dell Inc (DELL.O) said on Monday it plans to buy data storage company 3PAR Inc (PAR.N) for $18 per share in cash, or $1.15 billion, extending its storage product offering for cloud computing. The deal marks an 87 percent premium over 3PAR’s Friday closing price. It is expected to close by

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3PAR to Present at Morgan Keegan Technology Conference

FREMONT, CA–(Marketwire – August 6, 2010) –  3PAR® (NYSE: PAR), the leading global provider of utility storage, announced today that 3PAR Chief Financial Officer Adriel Lares and 3PAR Senior Director of Business Strategy Geoff Hough are scheduled to present at the Morgan Keegan Technology Conference at the New York Palace Hotel, 455 Madison Avenue, New

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