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

Enjoy Full Article

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

Enjoy Full Article