Storage Soup:

August, 2010


August 31, 2010  12:43 AM

BlueArc picks Permabit’s primary dedupe

Dave Raffo Dave Raffo Profile: Dave Raffo

NAS vendor BlueArc today said it would OEM Permabit Technology’s Albireo product, marking Permabit’s first public OEM win for the embedded

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August 30, 2010  1:15 PM

3PAR calls HP’s latest offer ‘superior,’ awaits Dell’s next move

Dave Raffo Dave Raffo Profile: Dave Raffo

After a flurry of bids for 3PAR late last week, Hewlett-Packard and Dell took the weekend off but 3PAR had something to say about its fate. 3PAR Friday night issued a statement saying its board determined HP's $30 per share $(2 billion total) offer made that morning was a superior proposal to...


August 27, 2010  1:09 PM

HP goes to $2B for 3PAR after Dell raises its bid *(Updated)*

Dave Raffo Dave Raffo Profile: Dave Raffo

The bids are coming in rapidly for 3 PAR. 3PAR barely had time to digest Dell's $1.8 billion offer this morning before Hewlett-Packard raised its offer to $2 billion. Storage Systems vendor 3PAR has now received four bids in two days and six in two weeks with Dell and HP making three offers...


August 26, 2010  9:15 PM

HP’s back on top for 3PAR; will Dell withdraw?

Dave Raffo Dave Raffo Profile: Dave Raffo

Hewlett-Packard didn't wait long to counter Dell's counter offer to buy 3PAR. HP made a new bid of $27 per share after the market closed today, an 11% improvement on Dell's pre-market offer of $24.30 per share or just over $1.6 billion. Dell started the bidding with a $1.15 billion offer Aug....


August 26, 2010  1:22 PM

Dell raises its bid for 3PAR

Dave Raffo Dave Raffo Profile: Dave Raffo

Dell raised its offer for 3PAR today with a revised bid that is a mere $20 million more than Hewlett-Packard’s Monday offer of $1.6 billion. Dell’s latest offer of $24.30 per share beats HP’s $24 per share. Dell’s first offer disclosed Aug. 16 was for $18 per share or $1.15...


August 25, 2010  2:46 PM

Dell faces 3PAR deadline; will EMC make a bid?

Dave Raffo Dave Raffo Profile: Dave Raffo

You can expect Dell to respond by the end of this week to Hewlett-Packard’s unsolicited $1.6 billion bid to buy Dell acquisition target 3PAR. 3PAR gave Dell three days to make a counter offer...


August 24, 2010  4:49 PM

3PAR had third suitor

Dave Raffo Dave Raffo Profile: Dave Raffo

Hewlett-Packard and Dell weren't the only companies interested in buying 3PAR. A third company also discussed buying the storage array vendor, according to an SEC filing detailing negotiations leading to  

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August 23, 2010  1:49 PM

HP outbids Dell for 3PAR

Dave Raffo Dave Raffo Profile: Dave Raffo

Hewlett-Packard isn’t going to just let Dell walk away with 3PAR. HP outbid Dell today for the thin provisioning storage pioneer. HP offered $24 per share in cash for a total of $1.6 billion, trumping Dell’s bid of $18 per share and $1.15 billion

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August 20, 2010  2:50 PM

Hitachi Data Systems buys Parascale, gets more ‘cloudy’

Dave Raffo Dave Raffo Profile: Dave Raffo

Hitachi Data Systems has quietly picked up the assets of cloud storage startup Parascale, which went under after it failed to gain additional funding earlier this...


August 19, 2010  3:06 PM

NetApp’s not actively shopping

Dave Raffo Dave Raffo Profile: Dave Raffo

In the wake of Dell’s $1.15 billion acquisition of 3PAR, NetApp CEO Tom Georgens said his company is under no pressure to make any significant acquisitions. Ever since EMC outbid NetApp for

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