September 2, 2010 6:41 AM PDT
by Larry Dignan
Hewlett-Packard on Thursday officially won storage vendor 3Par after Dell declined to match a $33 a share, or $2.4 billion, bid.
Dell’s statement on the matter ended a wild bidding war that started at $18 a share for 3Par. Dell said in a statement that [...]
September 2, 2010 6:41 AM PDT
by Larry Dignan
3Par on Thursday said Hewlett-Packard has raised its offer to $33 a share for the storage company, or $2.4 billion, after Dell countered with a $32 a share offer.
Needless to say, 3Par deemed HP’s bid as superior. HP had bid $30 for 3Par, and [...]
September 1, 2010 6:55 AM PDT
by Lance Whitney
PC shipments in 2010 are likely to be healthy, but not quite as vigorous as earlier forecast, according to market researcher Gartner.
Worldwide PC shipments are forecast to hit 367.8 million this year, a nice jump from the 308.3 million shipped in 2009, according to [...]
August 27, 2010 4:26 AM PDT
by Jonathan E. Skillings
Stop us if you’ve heard this before: Dell says 3Par has agreed to a buyout proposal. And Hewlett-Packard has made a counteroffer.
On Friday morning, Dell announced that storage company 3Par had accepted Dell’s third acquisition offer, this one at $27 per share, putting [...]
August 27, 2010 4:26 AM PDT
by Jonathan E. Skillings
Stop us if you’ve heard this before–Dell says 3Par has agreed to a buyout proposal from the computer maker.
On Friday morning, Dell announced that storage specialist 3Par has accepted Dell’s latest offer of an acquisition price, this one at $27 per share, which [...]
August 26, 2010 6:10 AM PDT
by Jonathan E. Skillings
The bidding war for storage specialist 3Par went two more rounds Thursday.
Shortly after the market close, Hewlett-Packard raised its bid to $27 per share, up from $24. That move comes just hours after Dell juiced its own bid to $24.30, which was a [...]
August 26, 2010 6:10 AM PDT
by Jonathan E. Skillings
Under deadline pressure, Dell has boosted its offer to acquire storage company 3Par–and says 3Par has accepted the higher bid.
Dell announced Thursday morning that 3Par has acceded to the new cash offer of $24.30 per share, which raises the total value of the [...]
August 25, 2010 11:06 AM PDT
by Lance Whitney
A recovery in global demand boosted second-quarter sales for computer servers by 11 percent to $10.9 billion, says a report released Wednesday by IDC.
Those numbers represent the second consecutive quarter of year-over-year sales growth and the fastest quarterly growth in the server market since [...]
August 24, 2010 8:23 PM PDT
by Steven Musil
Dell has until Thursday to top Hewlett-Packard’s $1.6 billion offer for 3Par, the sought-after storage vendor announced Tuesday.
Fremont, Calif.-based 3Par said in a filing with the Securities and Exchange Commission that HP’s unsolicited proposal was “reasonably likely to lead to a ’superior proposal’,” and [...]
August 23, 2010 6:18 AM PDT
by Lance Whitney
Hewlett-Packard is ready to outspend Dell to win control of storage vendor 3Par.
HP announced Monday an offer to acquire 3Par for $24 a share in cash, or $1.6 billion total. The bid one-ups Dell’s offer from a week ago to buy the storage specialist [...]