Diggin' technology every day

August 26, 2010

Thank you HP

Filed under: News,Storage — Tags: — Nate @ 4:05 pm

That’s more like it, HP knows what they are doing, they just boosted their offer to $27/share for 3PAR.

SEATTLE (AP) — Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker could be worth more with one of the PC companies’ marketing muscle behind it.

The latest offer from HP for $27 per share in cash, or about $1.69 billion, is nearly three times what 3Par had been trading at before Dell made the first bid last week.

Bring it on. Did I ever mention 3PAR went IPO on my birthday? Coincidence yeah I know but maybe it was a sign.. if I recall right they were supposed to IPO one day earlier but something delayed it by one day. I never did buy any stock(as I mentioned before I don’t buy stocks or bonds).

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