There's a bidding war blazing over enterprise and virtual-environment storage specialist 3PAR
3PAR shareholders couldn't be happier -- especially if all the newfound attention results in another round or two of higher bids. Most other common bid improvements are not available, since we're already looking at all-cash contracts, and at least Dell's advances are fully approved by 3PAR's own board.
I fully expect Dell to come back to the table with another offering. The company has been working its way into enterprise storage with a methodical acquisition strategy, and it would dearly love to add another piece to the puzzle. HP, on the other hand, already looms large in the very market where 3PAR makes a living; its bid looks more like an attempt to stop Dell from gaining an advantage than to build something great of HP's own.
Still, both Dell and HP are paying a lot here for an unprofitable company with less than $200 million in 2009 revenues. I don't see either EMC
That leaves the ball firmly in Dell's court. I don't expect a long, dramatic battle here, but there should be one or two shots left to exchange.
Who'll walk away with the prize? Discuss 3PAR's future home in the comments below.