SEOUL, SOUTH KOREA–(Marketwire – September 7, 2010) – 3PAR® (NYSE: PAR), the leading global provider of utility storage, announced today a partnership with Seoul-based Dongbu CNI to deliver 3PAR Utility Storage products and maintenance services to customers throughout Korea. 3PAR Korea, the company’s Korean subsidiary, chose Dongbu CNI due to its large, nationwide customer base and expert network of sales and pre-sales engineers across Korea who specialize in delivering large enterprise server and storage solutions for enterprise, service provider, and Internet/Web datacenters. Dongbu CNI has agreed to sell 3PAR Utility Storage as well as offer maintenance services through its proven
utility storage
HP Wins 3Par At $33, Beats Dell Until this morning, Dell and Hewlett-Packard were mired in a bidding war over 3Par, a leading provider of utility storage solutions for enterprises. With a final bid of $2.4 billion for the company, HP has emerged the winner. Below we highlight the significance of 3Par and how it may impact HP’s storage in the future. Utility storage primer Utility storage is a category of data storage systems designed for utility computing, a form of information technology in which storage and computation are delivered as a metered service, rather like a power utility. 3Par’s
Revised Transaction Valued at Approximately $1.8 Billion FREMONT, CA–(Marketwire – August 27, 2010) – 3PAR® (NYSE: PAR), the leading global provider of utility storage, today announced it has accepted a matching offer to be acquired by Dell for a price of $27 per share, or approximately $1.8 billion, net of 3PAR’s cash. Accordingly, 3PAR and Dell have signed a second amendment to their previously announced merger agreement reflecting the new offer price, and maintaining the termination fee unchanged at $72 million, which is payable in the event that 3PAR receives and accepts another unsolicited acquisition proposal that its board determines
FREMONT, CA–(Marketwire – August 6, 2010) – 3PAR® (NYSE: PAR), the leading global provider of utility storage, announced today that 3PAR Chief Financial Officer Adriel Lares and 3PAR Senior Director of Business Strategy Geoff Hough are scheduled to present at the Morgan Keegan Technology Conference at the New York Palace Hotel, 455 Madison Avenue, New York at 2:25 pm EDT on Wednesday, August 11, 2010. The presentation will be made accessible from 3PAR’s investor relations Website at http://ir.3par.com by the day after the conference and for at least thirty days following. About 3PAR 3PAR® (NYSE: PAR) is the leading global
