By Associated Press SEATTLE — Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker could be worth more with one of the PC companies’ marketing muscle behind it. The latest offer from HP for $27 per share in cash, or about $1.69 billion, is nearly three times what 3Par had been trading at before Dell made the first bid last week. Earlier on Thursday, Dell said 3Par had accepted its second offer of $24.30 per share in cash, or $1.52 billion. Dell made its first offer,
DELL
Aug 16 (Reuters) – Dell Inc (DELL.O) said on Monday it plans to buy data storage company 3PAR Inc (PAR.N) for $18 per share in cash, or $1.15 billion, extending its storage product offering for cloud computing. The deal marks an 87 percent premium over 3PAR’s Friday closing price. It is expected to close by the end of the year, the companies said. Stay Tuned For Further Updates…
NEW YORK–(BUSINESS WIRE)–The rapid growth of cloud computing is making it much easier for SMB channel partners to provide a broader range of offerings on a 24/7 basis at a lower cost and with fewer IT staff. These offerings include services such as SaaS and managed IT services. As a result, SMB channel partners could lose more than 200,000 IT jobs over the next decade according to AMI Partners’ recent Cloud Computing Research studies. “We have already seen some early signs of IT services job attrition at the high end of the market as a result of software automation. It
