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With HP Bid at $2B, Dell Mulls Options on 3PAR
Data Center Knowledge (Aug 29 2010)
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Dell says assessing 3PAR offer after HP trumps bid – Dell Inc said on Sunday it was assessing its bid for 3PAR Inc after the data storage company’s board of directors late on Friday said Hewlett-Packard Co’s $2 billion offer was a “superior proposal.” From Reuters.
Investors in 3Par are big winners – Regardless of who triumphs in the high-stakes battle to acquire Fremont tech company 3Par, the immediate winner in the bidding war between Hewlett-Packard and Dell will be 3Par’s investors, including top executives and three Silicon Valley venture firms that helped the data storage supplier get started 11 years ago. From the San Jose Mercury News
(Read Full Article)
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