HP announces completion of 3PAR acquisition

Beijing Time September 27 Evening News, according to foreign media reports, Hewlett-Packard announced today, has completed the acquisition of 3PAR.　　The purchase price is 33 dollars per share of cash, equivalent to 3PAR of corporate value of 2.35 billion U.S. dollars. The acquisition of 3PAR will help HP expand its storage offerings, enabling HP to deliver an enterprise-class public and private cloud computing environment.　　The 3PAR will become a supplement to HP's existing storage offerings, offering HP a variety of market-oriented technologies that enable HP customers to maximize storage, balance workloads, and automate storage ratings. On the other hand, HP will bring more market opportunities to 3PAR with global sales and channel network. As part of HP's "converged Infrastructure" package, the 3PAR solution will further enhance HP's ability to simplify the data center environment.　　HP will release a more detailed product consolidation plan later. The acquisition was completed by an offer by a HP subsidiary. The company then merged with 3PAR, and 3PAR will become a wholly-owned subsidiary of Hewlett-Packard. The offer expired September 24, 2010 local time in New York. As of this time, about 55.9 million shares of 3PAR shares, that is, 87.8% of the holders have accepted the offer, Hewlett-Packard has completed payment. HP has completed the acquisition by implementing the option of additional fees in the merger agreement. (Hui) > reports: HP's successful acquisition of 3par3par said about 30% shareholders agreed to accept HP's bid for HP to make $560 million a net gain for the 3Par's three biggest investors