News Analysis: CEO David Scott and venture capital firms Menlo Ventures, Worldview Technology Partners and Mayfield Fund will come away with many dollars when the deal is done. – In the aftermath of the out-of-control bidding war that recently
concluded with Hewlett-Packard outspending Dell at $2.35 billion for
storage maker 3PAR, the winners undoubtedly are enjoying one of the
sweetest Labor Day weekends of their lives.
Those victors include CEO David Scott and ve…
Samsung Galaxy Tab, an upcoming 7-inch slate running Google Android 2.2, will be the next big challenger to take a run at the Apple iPad’s dominance of the tablet PC category. – Samsung’s Galaxy Tab will be one of the first tablets to try to wrest
market share from the Apple iPad. Unveiled at the IFA 2010 consumer electronics
show in Berlin, the device features a TFT-LCD 7-inch screen and a Cortex A8 1GHz
processor, and it runs Google Android 2.2. Along with Dell’s rece…
UPDATED: Hewlett-Packard wins out with an unsolicited, all-cash bid of $33 per share over Dell, ending the 10-day-long bidding war. – Minutes after being rebuffed by yet another higher offer for 3PAR from Hewlett-Packard, Dell decided on Sept. 2 to drop out of the high-stakes bidding process for the utility storage provider.
Thus, with its final $33-per-share, all-cash bid, the Palo Alto,
Calif.-based IT superpower will gain t…
Hewlett-Packard takes only minutes to snap back with a higher offer after Dell takes three full days to tender its offer. Bidding now up to about $2.07 billion. – The 10-day-old bidding war between two stubborn IT superpowers over a relatively small storage company went up another level Sept. 2 when Dell increased its standing offer for 3PAR from $27 to $32 per share, with Hewlett-Packard subsequently upping its own to $33 from $30 a few minutes later.
Del…
Security specialist Trend Micro and Dell teamed up to help cost-conscious businesses keep their data safe with the Worry-Free Business Security Services solution. – Technology giant Dell announced the expansion of its relationship
with Internet content security specialist Trend Micro to enhance
its security solutions portfolio and bring Trend Micro Worry-Free
Business Security Services to small and midsize businesses.
The two companies worked together to …
Dell has a couple of days to make the next move in the rapidly escalating bidding war for the small scale-out storage maker. –
Dell
– was busy considering its options Aug. 30 in its prolonged 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 t…
The worldwide market recovery in the server space continues to improve, with companies like HP, Dell and IBM leading the way in the second quarter of 2010, according to an IDC report. – According to the International Data Corporation (IDC) Worldwide
Quarterly Server Tracker, factory revenue in the worldwide server
market increased 11 percent year over year to $10.9 billion in the
second quarter of 2010. The firm said this is the second consecutive
quarter of year-over-year reve…
News Analysis: As Dell and HP keep stacking the cash higher in the bidding war for 3PAR, the question arises: What makes this small enterprise storage company worth it? – As the bidding for storage company 3PAR ratchets higher,
so does one question why are Dell
and HP willing to spend this much money for one fairly small
company?
My first thought was that maybe the two companies just
hate each other. I was having visions of a face-off under the hot Texas
su…
UPDATED: The $30-per-share offer all but ends the four-day bidding war with Dell for the utility storage provider. 3PAR and HP shareholders still need to approve the acquisition. – 3PAR’s board of directors late Aug. 27 accepted the unsolicited proposal by Hewlett-Packard earlier in the day to acquire their company for $2 billion.
The $30-per-share offer all but ended the four-day bidding war for the utility storage provider. 3PAR and HP shareholders still need to approve t…
3PAR is "uniquely qualified" in providing the kind of storage technology right now that Dell requires, Dell executive Praveen Asthana tells eWEEK. – Dell’s top cloud and storage executive, Praveen Asthana, confirmed to eWEEK Aug. 27 why Dell is pursuing 3PAR so desperately: Not only does its IP fit an important a high-end storage need, but he admitted that there aren’t any other available companies at the moment that fill that requirement.
As…
3PAR received an offer from Dell matching HP’s $1.8 billion bid and accepts it, apparently ending the high-stakes bidding war. But HP isn’t done. – To say that modestly profitable utility storage maker 3PAR is a
company in the right place at the right time would be a massive
understatement.
The Dell versus Hewlett-Packard bidding war for the smallish Fremont, Calif.-based
enterprise storage company took two huge steps only minutes apart…
Hewlett-Packard’s move to up the ante in its attempt to acquire 3PAR comes only about 5 hours after Dell bid $1.6 billion, topping HP’s previous bid of $1.5 billion. – Hewlett-Packard Aug. 26 wasted little time in firing a serious monetary
salvo across Dell’s bow, increasing its bid by nearly $300 million to $1.8
billion $200 million more than Dell’s last offer in the bidding war for utility
storage maker 3PAR.
The move came only about 5 hours after Dell
ha…
3PAR and Dell signed an amendment to their previously announced agreement of Aug. 16 reflecting the new offer price of $1.6 billion; there was no immediate response from HP. – Three days after rival Hewlett-Packard
tendered a $24-per-share, $1.5 billion offer to acquire enterprise storage
maker 3PAR, Dell on Aug. 26 raised the stakes by about $100 million, upping its
offer to $1.6 billion, or $24.30 a share.
3PAR said its board of directors approved the proposal. 3P…
News Analysis: Dells mobile strategy is on life support. And not even Googles Android platform could revive it at this point. – Dell released its Aero smartphone this week.
The device retails for $99 with a two-year contract from AT amp;T. Its
design looks quite similar to the Palm Pre. And as most might expect
from the price tag, its designed to be more of an entry-level product
than a full-fledged competitor to Apples …
Businesses are continuing to buy x86 servers, and top systems vendors such as Hewlett-Packard, IBM and Dell are the key beneficiaries, according to Gartner and IDC. – Hewlett-Packard, IBM, Dell and other
systems makers are benefiting from the resurgence in the x86 server market,
according to market research by Gartner and IDC.
In their second-quarter reports on the server market, analysts
from both Gartner and IDC said the x86 space
continues to see signific…
The Dell Aero Smartphone on AT&T is $100 with a contract, suggesting that Dell may not intend for it to compete with high-end smartphones. Is its niche instead with small business customers? – Dell introduced the Android-running
Aero smartphone Aug. 24, and already reactions are mixed.
Dell calls the Aero its first U.S.
smartphone which may come as news to those who thought the
Dell Streak, launched Aug. 13, held
claim to that title. A spokesperson for Dell confirmed to eWEEK Aug. 2…
Dell introduced the Android-running Aero smartphone, calling it its first U.S. smartphone a designation that puts the Streak in clear tablet terms. With an AT&T contract, the Aero is just $99.99. – The Dell Aero is now available on the AT amp;T network, Dell
announced Aug. 24. The smartphone, which Dell is calling its first in
the United States, runs version 1.6 of Googles Android mobile
operating system, also known as “Donut.” Its priced at $100 with a
two-year AT amp;T contract, or $300,…
With its $24-per-share bid, HP ups the ante by 33 percent in an effort to acquire solid-performing storage company with scale-out architecture and a popular thin-provisioning feature. – 3PAR, a solid, consistently well-performing independent storage
company for the better part of the last decade, suddenly has a couple
of first-tier suitors interested in an acquisition.
Hewlett-Packard, despite already being loaded with one of the largest
storage product catalogs in the worl…
Dell and HP quarterly results suggest business spending is back, even as consumer PC spending remains anemic. Dell and HP are rolling out new consumer mobile products. – Hewlett-Packard and Dell both offered quarterly results Aug 19, and their
numbers offered some of the clearest signs that the business arena is in the
midst of an IT tech refresh. At the same time, however, sales of consumer PCs
seem to be weakening, in a possible signifier of the anemic economic…
The Dell Inspiron Mini 1018 netbook debuted in Europe Aug. 19 and may cross the pond this fall. The netbook includes an Intel Atom processor and Microsoft Windows 7. – Dell is launching in Europe a glossy black netbook
that will potentially head our way or at least to quot;other regions quot; this
fall. Weighing under 3 pounds and calling attention in a slick shade called
Obsidian Black, the Dell Inspiron Mini 1018 will come at a starting price of
approximate…
