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.

NEW YORK (Reuters) – Hewlett-Packard Co raised its bid for data storage company 3PAR Inc to $1.8 billion, dealing a blow to Dell Inc’s $1.6 billion effort to win a rapidly escalating bidding war.

HP’s counteroffer of $27 a share came just hours after Dell raised its previous bid by a third, to $24.30. Shares of 3PAR, considered an attractive asset by both companies as they try to expand into new technologies like cloud computing, leapt 7 percent to $27.75 in after-hours trade.

NEW YORK (Reuters) – Dell Inc raised its bid for data storage company 3PAR Inc to $1.6 billion, a slightly higher offer than bigger rival Hewlett-Packard Co, which is expected to respond with an even stronger bid.

Dell’s latest offer comes in at $24.30 a share, only 30 cents a share above HP’s bid but well above its initial bid of $18 a share earlier this month. 3PAR said in a statement on Thursday that it accepted HP’s latest offer.

NEW YORK, Aug 25 (Reuters) – Dell Inc (DELL.O: Quote, Profile, Research, Stock Buzz) is planning
a stronger bid for data storage firm 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz),
challenging Hewlett-Packard Co’s (HPQ.N: Quote, Profile, Research, Stock Buzz) offer of $24 per
share, a source familiar with the talks said on Wednesday.

The source said Dell’s new bid was likely to be more
“competitive” than HP’s last offer of $1.6 billion, but did not
say how much higher the new bid would be.

NEW YORK (Reuters) – Dell Inc and Hewlett-Packard Co are expected to raise their bids for data storage company 3PAR Inc, but technology investors and analysts warned of valuations taking a back seat to egos.

A Reuters survey of around 9 fund managers and analysts on Tuesday found most expect another bid or two, and a final price of around $29 (18.8 pounds) per share — nearly three times where they were before Dell’s (DELL.O: Quote, Profile, Research) first public offer for $18 a share.

NEW YORK (Reuters) – Dell Inc and Hewlett-Packard Co are expected to raise their bids for data storage company 3PAR Inc, but technology investors and analysts warned of valuations taking a back seat to egos.

A Reuters survey of around 9 fund managers and analysts on Tuesday found most expect another bid or two, and a final price of around $29 per share — nearly three times where they were before Dell’s first public offer for $18 a share.

NEW YORK (Reuters) – Hewlett-Packard Co offered to pay $1.6 billion for 3PAR Inc, topping rival Dell Inc’s bid by a third in a surprise move that could spark a bidding war for the data storage company.

Shares in 3PAR soared 45 percent to above HP’s $24-a-share offer, showing investors were anticipating a higher bid.

NEW YORK (Reuters) – Hewlett-Packard Co offered $1.6 billion for 3PAR Inc on Monday, topping technology rival Dell Inc’s deal to buy the data storage company and potentially sparking a bidding war.

HP’s move to acquire 3PAR for about one-third more than Dell’s offer comes during a rush of mergers in the technology sector, with companies taking advantage of cash stockpiles and relatively low stock market prices.

NEW YORK, Aug 23 (Reuters) – Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz)
offered $1.6 billion for 3PAR Inc (PAR.N: Quote, Profile, Research, Stock Buzz) on Monday, topping
technology rival Dell Inc’s (DELL.O: Quote, Profile, Research, Stock Buzz) deal to buy the data
storage company and potentially sparking a bidding war.

HP’s move to acquire 3PAR for about one-third more than
Dell’s offer comes during a rush of mergers in the technology
sector, with companies taking advantage of cash stockpiles and
relatively low stock market prices.

NEW YORK (Reuters) – Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its cloud computing business to compete with other technology services companies like IBM.

Dell said it would pay $18 a share for 3PAR, an 87 percent premium over Friday’s closing price. The deal would further expand Dell’s presence in technology services, a business that often yields higher profit margins than personal computers but is increasingly competitive.