Dell will not give up 3Par
Tue, Aug 24, 2010
Post filled in: News
Dell is not willing to give up. It appears Dell really wants to buy 3Par , anonymous sources said that an offer will be sent in the next few days. After Dell’s offer was outbid by HP with it’s $1.6 billion , 3Par’s board of directors said that the last bid was “reasonably likely” so they gave dell 3 days to come with new terms for the deal .
This competition between Dell and HP might be ended with HP’s victory , the last has larger possibilities to purchase 3Par, the company that makes hardware and software that offers companies an easier and cheaper way to store content.
This acquisition is of high importance as Dell is already an investor in 3Par, with a 33 percent stake since Aug. 15 and both HP and Dell would gain extra strengths in a challenge to Cisco Systems Inc.


Share on Digg
Share on reddit
Bookmark to del.icio.us
Share on StumbleUpon
Share on Mixx
Share on Twitter
Share on Facebook

December 18th, 2010 at 2:33 pm
The hunger for love is much more difficult to remove than the hunger for bread. ~Mother Teresa