HP completes $2.35 billion 3Par merger
HP has completed its $2.35 billion merger with 3Par, just weeks after thwarting rival Dell in a bidding war for the storage vendor, HP announced Monday.
HP has completed its $2.35 billion merger with 3Par, just weeks after thwarting rival Dell in a bidding war for the storage vendor, HP announced Monday.
After losing out to HP on 3Par, will Dell now make a play for Brocade?
Dell says it will not increase its most recent proposal to acquire virtualised storage vendor 3Par, paving the path for rival Hewlett-Packard to acquire the company.
3Par, which has finally been acquired by Hewlett-Packard after a protracted bidding war, is among a group of companies being sued by vendor Crossroads Systems for patent infringement.
Storage technology firm 3PAR confirmed late Friday that its board has accepted Hewlett-Packard's acqusition offer of US$30 per share, ending more than a week of competitive bidding with Dell.
Hewlett-Packard is in the midst of a very public turnaround. This week, CEO Meg Whitman spoke to analysts about it. Her message -- and the way she delivered it -- should inspire HP customers and consumers at large.