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08-16-2010, 04:24 PM #1
Dell to acquire 3Par for $1.15 BILLION
Dell to acquire 3Par for $1.15 BILLION
By David Gelles in San Francisco and Alan Rappeport in New York
Published: August 16 2010 13:43 | Last updated: August 16 2010 18:28
Dell, the third largest personal computer maker, said on Monday that it would acquire 3Par, a data storage company, in a $1.15bn deal that will sharpen its competition with companies incl-uding Hewlett-Packard, IBM and EMC.
The deal comes as Dell, which was burdened by its over-dependence on low-margin PC sales, made a long-awaited foray into the IT services business.
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Dell settles with SEC over fraud charge - Jul-23.Dell admits error over motherboard replacements - Jul-22.FT Tech blog - Aug-08..“They’re making a very hard push to redefine themselves,â€NO AMNESTY
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