3Par: HP And Dell Go Head-To-Head In Bidding War

H.P. Outbids Dell for Data Storage Company. Hewlett-Packard offered to buy 3Par, a maker of storage systems, for about $2.3 billion, ending an 18-day bidding war with Dell. Dell declined to match H.P.'s $33-a-share offer, Dave Johnson, Dell senior vice president for corporate strategy, said Thursday in a statement.. HP has made a $1.6 billion bid to buy storage vendor 3PAR one week ... on the table when Dell made its move for 3PAR, HP's Steve Fieler, vice president, ... Our long track record of acquiring companies and integrating them.... In a escalating bidding war, HP on Thursday raised its offer for 3Par to $33 per ... The move topped Dell's latest offer of $32 per share, according to 3Par. ... Stay ahead of the key tech business news with InfoWorld's Today's.... Hewlett Packard raises its bid in the battle with rival Dell to take control of ... The move comes just hours after Dell agreed a deal to take over 3Par, ... "Dell has a demonstrated commitment and track record in integrating and.... Dell got a $72 million deal termination fee from 3Par and HP gets to pay more ... Anytime companies get into a bidding war, the biggest winner is the ... CEO has gone on the record and said, 'I'm going after the enterprise.'.. It looks like the bidding war for 3PAR could be over. Dell has just issued a release indicating that it will not increase its most recent $2 billion.... Bidding war is still heating up a day after Hewlett-Packard made a $1.6 billion offer for the cloud storage firm.. UK Tech Start-Ups Defy Brexit Fears To Attract Record Foreign Investment ... Now it's trading at $32/share on news of this bidding war and Dell is expected to give yet ... And 3PAR holds the tech and the patents to go with it.. As I was writing this, news of the HP / Dell bidding war for 3PAR broke ... EMC CEO Joe Tucci actually once went on record admitting as much.... Dell said it will pull out of the bidding war for 3PAR after rival ... The bids went "into a land of dreamed-up future payoff," said Rob Cihra, an analyst at Caris & Co. ... After hearing Dell might have a revised proposal, H-P moved ahead ... Bernie Sanders to Face Scrutiny in South Carolina Democratic Debate.... HP's latest bid of $2 billion for 3Par is about 10 times greater than the amount of ... "You've got to scratch your head as to why they're paying such a high ... They're going to make this very painful for Dell to win," Bender said.. HP sparks bidding war with Dell over 3PAR ... billion for 3PAR Inc, topping rival Dell Inc's bid by a third in a surprise move that could spark a ... 3PAR Chief Executive David Scott used to head HP's enterprise storage business.. Meanwhile, Dell goes back to the drawing board, perhaps looking for other acquisitions to help it ... The bidding war for 3Par began Aug.. Hewlett-Packard raises its bid price for 3Par to $27 per share in cash, less than a day after Dell raised its own buyout offer, stepping up the bidding war... ... A spokesman for 3Par said the company could not comment on H-P's latest move. ... head of H-Ps data storage business, in a statement Thursday.. 3Par: HP and Dell Go Head-To-Head In Bidding War. by Jamie Pert 9 years ago. Hewlett-Packard have launched a $1.6 billion bid for data-storage company.... HP's latest bid of $2 billion for 3Par is a 10-fold increase over what 3Par earned ... "You've got to scratch your head as to why they're paying such a high ... They're going to make this very painful for Dell to win," Bender said.. The battle for ownership of 3Par is going down to the wire with Dell matching ... muscle behind 3Par and has a proven track record of delivering the goods for.... EMC CMO Jeremy Burton said the bidding war between HP and Dell ... HP rival Dell said it planned to acquire 3PAR for $1.15 billion in a move.... After losing out on 3PAR to HP, it's no surprise that Dell felt compelled ... loss 3PAR in a head to head megavendor bidding war which ended with HP ... $2BB mark was the going rate for established independent storage firms,.... 3PAR's products are used in enterprise data centers, where HP and Dell are head-to-head competitors selling storage arrays. ... With HP's move to outbid for 3Par, could we see a strong Dell, EMC, Cisco alliance in the near...

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