NEW YORK (Reuters) – Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday.

HP raised its cash offer by $3 to $33 per share, beating Dell’s $32-a-share offer and ending an escalation of bids that many analysts said had gone too far.

NEW YORK, Sept 2 (Reuters) – Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz) won
the bidding war to buy data storage company 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz)
for $2.4 billion, as rival Dell Inc (DELL.O: Quote, Profile, Research, Stock Buzz) bowed out on
Thursday.

HP raised its cash offer by $3 to $33 per share, beating
Dell’s $32-a-share offer and ending an escalation of bids that
many analysts said had gone too far. (Reuters Breakingviews
[ID:nN02200237] )

NEW YORK (Reuters) – Hewlett-Packard Co’s (HPQ.N: Quote, Profile, Research, Stock Buzz) fierce bidding war against Dell Inc (DELL.O: Quote, Profile, Research, Stock Buzz) for 3PAR Inc raised the profile of the once-obscure data storage business, and along with it the stature of HP executive Dave Donatelli.

Donatelli, who as head of enterprise servers, storage and networking marshaled the winning bid, is seen as one of the candidates to succeed Mark Hurd, the high-profile HP chief who stepped down on August 6 after a probe into his relationship with a contractor.

NEW YORK (Reuters) – Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz) won the bidding war to buy data storage company 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz) for $2.4 billion, after rival Dell Inc (DELL.O: Quote, Profile, Research, Stock Buzz) bowed out from a drawn-out bidding war on Thursday.

HP raised its offer by $3 to $33 per share, beating Dell’s latest $32-a-share offer and ending an exchange of bids that escalated to levels that many analysts said was too high.

NEW YORK (Reuters) – Dell Inc(DELL.O: Quote, Profile, Research) is widely expected to bow out of a bidding war with Hewlett-Packard Co for data storage company 3PAR Inc because of the increased price tag.

A survey of eight technology investors and analysts by Reuters on Monday found most expect Dell to soon give up its pursuit of 3PAR, either ceding to HP’s last offer of $30 per share or giving up at a few dollars higher at most.

NEW YORK (Reuters) – Dell Inc (DELL.O: Quote, Profile, Research, Stock Buzz) is widely expected to bow out of a bidding war with Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz) for data storage company 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz) because of the increased price tag.

A survey of eight technology investors and analysts by Reuters on Monday found most expect Dell to soon give up its pursuit of 3PAR, either ceding to HP’s last offer of $30 per share or giving up at a few dollars higher at most.

NEW YORK (Reuters) – Hewlett-Packard Co raised its offer for 3PAR Inc to $2 billion, once again topping Dell Inc’s bid and showing it had plenty of ammunition in a bidding war for the data storage company.

HP’s offer on Friday of $30 per share was the latest in a week-long volley of escalating bids, and came less than 3 hours after Dell announced 3PAR had accepted its bid of $27 per share, which matched HP’s previous offer.

NEW YORK, Aug 27 (Reuters) – Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz)
raised its offer for 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz) to $2 billion, once again
topping Dell Inc’s (DELL.O: Quote, Profile, Research, Stock Buzz) bid and showing it had plenty of
ammunition in a bidding war for the data storage company.

HP’s offer on Friday of $30 per share was the latest in a
week-long volley of escalating bids, and came less than 3 hours
after Dell announced 3PAR had accepted its bid of $27 per
share, which matched HP’s previous offer.

NEW YORK (Reuters) – Hewlett-Packard Co (HPQ.N: Quote, Profile, Research) raised its offer for 3PAR Inc (PAR.N: Quote, Profile, Research) to $2 billion (1.3 billion pounds), once again topping Dell Inc’s (DELL.O: Quote, Profile, Research) bid and showing it had plenty of ammunition in a bidding war for the data storage company.

HP’s offer on Friday of $30 per share was the latest in a week-long volley of escalating bids, and came less than 3 hours after Dell announced 3PAR had accepted its bid of $27 per share, which matched HP’s previous offer.

NEW YORK (Reuters) – Dell Inc fired back in a bidding war for data storage company 3PAR Inc, matching a $1.8 billion offer by Hewlett-Packard Co and showing it isn’t giving up yet against its bigger rival.

Dell said on Friday 3PAR had accepted its new $27-per-share bid, up 10 percent from its previous offer, in line with their agreement that allows Dell to match competing bids.