Bid 3PAR Dell, HP, "show off their wealth"
between half to a little of the original small business, Maikedaier spend more than 10 billion dollars of money wasted.
on the 16th of this month, he said, is willing to dig 1.15 billion acquisition of the global storage technology company 3PAR, HP, hold-ups in being, both sides have taken place in three rounds of bidding struggle, from 1.15 billion U.S. dollars the price 16 billion U.S. dollars to 1.8 billion last week.
As of yesterday, HP's first offer given two billion U.S. dollars, higher than the Dell, almost double the initial offer. 3PAR heart so the board said its board had decided to accept the HP 30 U.S. dollars per share acquisition offer, and to notify Dell official, said the agreement had to be terminated. According to the original agreement, 3PAR even at the cost to pay 72 million U.S. dollars to Dell's breach of contract fee.
Dell is apparently unwilling. A few hours later, Dell spokesman Frink said the company is "assessing the situation", stressed that from today (Monday) started three working days, is expected to make a higher offer, and will be considered first.
Hewlett-Packard, Dell currently does not short of money. As of last quarter, Dell's cash and short-term investments amounted to 12.4 billion, Hewlett-Packard to about 14.7 billion U.S. dollars higher.
However, 3PAR, after all, only a small company, revenue the first quarter of this fiscal year only 54.3 million U.S. dollars, last fiscal year was 194.3 million U.S. dollars revenue. Why HP and Dell's Costly?
original, 3PAR storage virtualization technology is the world pioneer, has been providing enterprise data management and high-end storage systems and services, its competitors, including giant EMC, Hitachi, HP, IBM and so on. Its business is currently hot speculation "cloud computing" behind the foundation.
the past 4 years, Dell has enhanced the layout of storage business, storage business, growth is higher than its PC business. HP also acquired through the acquisition of a foundation. But they have not really competitive capital. Bid 3PAR, will give them a growth enterprise market customers base. (Wang Ruchen)
