3PAR Suitor Dell Weighs Options | CIO Insight

3PAR Suitor Dell Weighs Options

Aug 30, 2010
1 minute read

Dell — which wants to get improve its ability to serve high-end storage customers — was busy revisiting its options Aug. 30 in its stunning bidding war with Hewlett-Packard over utility storage maker 3PAR.

HP on Aug. 27 increased its offer to just under $2 billion, and 3PAR’s board later that evening accepted it. Thus Dell, which apparently has more to lose in this bidding war than HP, is left to make the next move. It has an agreement that allows it to automatically match any competing offer for 3PAR, so the deal’s not done yet. But it looks like a resolution is near at hand.

With all due respect to all three of the aforementioned corporate entities, 3PAR isn’t the only vendor that offers second-generation-type storage. Isilon, Compellent, Xiotech, Pivot3 and Infortrend are five of at least a dozen established companies that offer high-end utility-type storage for enterprises large and small.

For more, read the eWeek article Dell Mulls Latest Obstacle to 3PAR: HP’s $2B.

CIO Insight Staff

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