3Par said it has accepted Dell’s $1.8 billion dollar buyout offer.
This is getting tiresome.
HP just bid $27 per share counter offer for 3Par. This $1.8 billion offer counters Dell’s $24.50 counteroffer to HP’s earlier counteroffer to Dell’s original $18 offer to buy 3Par and its data storage expertise.
Little did we know early this month that 3Par was such a big deal.
There are so many questions about what Oracle is doing with its new Sun franchise, it’s hard to suss out the top few, but here’s a try.
1: What’s really going on with Sparc? While John Fowler promised continued innovation around the Sparc architecture, there is still precious little in the way of details. It’s probably because Oracle and Fujitsu, which is responsible for the production of Sparc64 chips used in Oracle’s M series servers, are still talking things out. Continued »
Today it’s Dell offering mo’ money for 3Par.
Dell sweetened its previous $18 per share bid to $24.50 and helpfully posted to its Web site that 3Par has accepted that offer.
Earlier this week, HP tried to preempt Dell’s original offer with its own $18 per share cash bid.
What isn’t immediately clear is if this bidding war has played out. 3Par’s investor relations page has no posting as to the latest offer. Cisco is reportedly making a big announcement next week–maybe it’ll throw its hat into the 3Par fray. Kidding. Kinda.
One of Hewlett-Packard’s stated goals for its proposed $1.6 billion buyout of 3Par is to broaden and deepen distribution of 3Par’s storage technologies.
If you’re looking for some help in bringing discipline to your managed services business, CompTIA and the MSP Partners organization have created four new templates that cover various aspects of running a practice.
This morning, Hewlett-Packard launched a $24 per share cash bid for 3Par and its data storage expertise. The offer touches off a bidding war against Dell, which offered $18 per share for 3Par last week. Continued »
This is a little inside baseball but it still bears noting.
Hewlett-Packard, fresh off its latest CEO scandal, has brought in a reporter–a very good reporter–to lead corporate communications. HP said today that Connie Guglielmo of Bloomberg News is coming aboard.
So the big get bigger.
Intel will buy McAfee and its security portfolio for $7.68 billion. The rationale, according to a statement by Intel CEO Paul Otellini, is that there is insufficient security for the booming number of non-PC endpoints–phones, TVs, other consumer electronics attached to the Internet. Continued »
The aftermath of Oracle’s acquisition of Sun Microsystems is proving to be a full-employment act for bloggers and journalists.