Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Dell Inc. is planning to submit a more competitive bid for data storage firm 3Par Inc., challenging Hewlett-Packard Co.’s offer of $24 per share, a source familiar with the talks said Wednesday.
The source said Dell’s new bid was likely to be more “competitive” than HP’s last offer of $1.6 billion, but declined to comment on how much higher its bid would be. Get the full story »
Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., just a week after rival Dell Inc. agreed to acquire the company for $1.13 billion. HP and Dell have been looking to expand beyond personal computers over the past few years in a search for bigger profits.
