Tag Archives: storage virtualization technologies

3PAR Partners With Dongbu CNI to Sell Utility Storage Systems in Korea

SEOUL, SOUTH KOREA–(Marketwire – September 7, 2010) –  3PAR® (NYSE: PAR), the leading global provider of utility storage, announced today a partnership with Seoul-based Dongbu CNI to deliver 3PAR Utility Storage products and maintenance services to customers throughout Korea. 3PAR Korea, the company’s Korean subsidiary, chose Dongbu CNI due to its large, nationwide customer base

3PAR Determines HP Proposal Is Superior Offer At Roughly $2 Billion

HP’s Bid Valued at Approximately $2 Billion FREMONT, CA–(Marketwire – August 27, 2010) –  3PAR® (NYSE: PAR), the leading global provider of utility storage, today announced its board of directors has determined that the unsolicited proposal by Hewlett-Packard Company to acquire all of 3PAR’s outstanding common stock at $30 per share constitutes a “superior proposal”

Update – 3PAR Accepts Matching Acquisition Offer by Dell

Update – 3PAR Accepts Matching Acquisition Offer by Dell

Revised Transaction Valued at Approximately $1.8 Billion FREMONT, CA–(Marketwire – August 27, 2010) –  3PAR® (NYSE: PAR), the leading global provider of utility storage, today announced it has accepted a matching offer to be acquired by Dell for a price of $27 per share, or approximately $1.8 billion, net of 3PAR’s cash. Accordingly, 3PAR and