After a seesaw battle of competing bids, Hewlett-Packard Co. outbid Dell Corp. for 3PAR Inc. They have entered into a definitive agreement under which HP will purchase 3PAR, a leading global provider of utility storage, through a cash tender offer of $33 per share in cash, or an enterprise value of $2.35 billion.
After Dell on Thursday increased its offer to $27 a share, Hewlett-Packard Co. has again upped the ante, agreeing to pay $30 a share, or $2 billion, for the Freemont, Calif., company.
Dell announced today that it has raised its bid to buy 3Par to $24.30 a share, or slightly more than the $1.6 billion that Hewlett-Packard Co. offered earlier this week to counter Dell’s initial offer of $18 a share, or $1.2 billion.
On Aug. 16, Dell announced an agreement to acquire 3PAR Inc. in a $1.15 billion deal. A week later, HP says it has submitted a proposal to buy 3PAR for $1.6 billion.
Richard Pineda has been named chief operations leader of Dell Services Federal Government Division effective immediately. He will report to Lee Carrick, vice president of Dell Services Federal Government.
Dell Computer Corp. has entered into a $5.1 million contract to provide new servers to NASA so the agency can conduct simulation modeling and data analysis to explore, understand and predict climate change.
Dell Computer Co. has signed an agreement to acquire Scalent, a private manufacturer of software that manages data center servers and infrastructure. Financial terms of the agreement were not released.
Dell Inc.'s acquisition of Perot Systems opens a broader range of services to take on health, cloud computing, outsourcing and data centers in the government market.
Jim Champy, chairman of consulting for Dell Services, is a thought-leader on the topic of reengineering government and industry. His latest book is “Inspire!” He recently spoke with Associate Editor David Hubler.
The $120 million outsourcing contract Dell Perot Systems won to process citizenship and immigration applications is both a new contract for the company and sort of a follow-on.
Dell Perot Systems will process citizenship and immigration applications under a $120 million contract with U.S. Citizenship and Immigration Services bureau.
Perot Systems Government Services Unit will provide information technology services to support the Transportation Department’s Common Operating Environment under a 10-year contract worth more than $65 million.
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