Tuesday 31 August 2010

Behind The Bidding War The Real Reasons Why HP And Dell are So Desperate For 3Par

As I was writing this, news of the HP / Dell bidding war for 3PAR broke on the front page of Yahoo.

This made me laugh, as it typified just how crazy this story has becomefew things outside of a bidding war will make a storage acquisition sexy enough to make mainstream news.
At $30, HPs current offer is the sixth bid, a 200 percent premium over 3PARs previous $10 share price. Not only is this insane, but its also nearly unprecedented in M&A histo

Source:
http://techcrunch.com/2010/08/29/behind-the-bidding-war-the-real-reasons-why-hp-and-dell-are-so-desperate-for-3par/

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