Showing posts with label mainstream news. Show all posts
Showing posts with label mainstream news. Show all posts

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/