

No sooner had we posted this morning on the offer / counter-offer bidding war between Dell and HP for the ownership of 3PAR that the Financial Times began reporting that the war was over, and HP walked away the winner.
Hewlett-Packard appeared to have won the bidding battle for data storage technology company 3Par on Thursday, after Dell said it would not raise its offer and was ending talks.
I spoke with John Furrier briefly before he went on the air this morning at VMworld on #theCube, and he took great joy in pointing out that he was on record predicting the outcome of the auction.
“HP wins big here, mainly because 3PAR’s technology looks is set to become an essential piece of HP’s thin provisioning segment,” said John. “The value for HP, despite the purchase price, is clear.”
Support our open free content by sharing and engaging with our content and community.
Where Technology Leaders Connect, Share Intelligence & Create Opportunities
SiliconANGLE Media is a recognized leader in digital media innovation serving innovative audiences and brands, bringing together cutting-edge technology, influential content, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — such as those established in Silicon Valley and the New York Stock Exchange (NYSE) — SiliconANGLE Media operates at the intersection of media, technology, and AI. .
Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a powerful ecosystem of industry-leading digital media brands, with a reach of 15+ million elite tech professionals. The company’s new, proprietary theCUBE AI Video cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.