Feeds

3PAR awash in sea of green

Dell stoking HP's fire

Next gen security for virtualised datacentres

3PAR awash in sea of green

Dell stoking HP's fire

The Hp and Dell bidding battle for 3PAR has reached two billion dollars with HP's Friday afternoon bid of $30/share. It could be a crushing blow, exactly what Dell wanted.

Consider that Dell's last two bids have been weak. Last week it increased an HP bid of $24/share by just 30 cents. When HP came back with a $27/share bid on Friday it merely matched and HP swatted it aside with the $30/share raise. These have not been strong Dell bids. In fact it could be that Dell has been stoking HP's fire.

3PAR then decided HP's bid was technically a superior proposal and gave Dell three business days to respond. If Dell does not then, on Wednesday, 3PAR's directors will recommend that shareholders accept HP's bid, thus changing its stance since the bidding battle started. Dell gets a termination fee of some $72m and that will be that ... except it won't as Dell will have unfinished business, still needing a virtualised, tiered and multi-tenant storage system for the cloud; what 3PAR would have brought to Dell's table.

Is there any other compelling acquisition target out there that could bring this to Dell? Effectively there is just one - Compellent, whose shares have been steadily rising throughout this bidding war.

Of course Dell could match HP's offer again or even raise it to see what HP will do. It might even go to $32 but, somehow, I get the feeling Dell's heart is no longer in it. Mentally, it's conceded and it's so long David (Scott), it's been nice knowing you but you gotta take the money and run for HP. We're out of here. ®

5 things you didn’t know about cloud backup

More from The Register

next story
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft: Azure isn't ready for biz-critical apps … yet
Microsoft will move its own IT to the cloud to avoid $200m server bill
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
Docker kicks KVM's butt in IBM tests
Big Blue finds containers are speedy, but may not have much room to improve
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Gartner's Special Report: Should you believe the hype?
Enough hot air to carry a balloon to the Moon
Flash could be CHEAPER than SAS DISK? Come off it, NetApp
Stats analysis reckons we'll hit that point in just three years
Dell The Man shrieks: 'We've got a Bitcoin order, we've got a Bitcoin order'
$50k of PowerEdge servers? That'll be 85 coins in digi-dosh
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.