Dell and HP bid for 3PAR Company

Dell and Hewlett-Packard were again on 27th, raising their bids for the US data storage provider 3PAR, which has risen to about $2 billion trillion.

Dell took the lead on the day and said that 3PAR had accepted its new offer of $27 per share. The price was unchanged from HP's 26th offer, but Hewlett-Packard then announced that it would raise its offer to $30 a share, once again crimping Dell.

3PAR's shares were less than $10 per share before Dell initially announced the intent to buy it. HP's latest offer has reached more than 3 times times the figure, at a total price of about 10 times times the operating income of 3PAR years. For now, neither Dell nor Hewlett-Packard has shown signs of possible hand-holding.

As the PC market matures, HP and Dell have been working aggressively in recent years to tap into markets such as more lucrative corporate data centers. Some industry insiders point out that 3PAR has virtualization technologies that can help businesses manage and store data more easily and cheaply. For HP and Dell, buying the company will help boost its competitiveness in the Enterprise data center market. The fierce competition of two PC giants around 3PAR suggests that they have a growing sense of urgency about seizing markets through acquisitions.