Recent Articles
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Dell Sweetens 3PAR Bid Above HP’s Offer
NEW YORK, Aug 26 (Reuters) – Dell Inc (NASDAQ:DELL) raised its bid for data storage company 3PAR Inc (NYSE:PAR) to $1.6 billion, offering a slightly higher price than rival bidder Hewlett-Packard Co (NYSE:HPQ) in an unfolding tech industry bidding war. Dell’s latest offer comes in at $24.30 a share, which is 30 cents a share…
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HP, 3PAR Acquisition Talks Begin After HP Tops Dell’s Offer
NEW YORK/SAN FRANCISCO, Aug 24 (Reuters) – 3PAR Inc (NYSE:PAR) said on Tuesday it will start merger talks with Hewlett-Packard Co (NYSE:HPQ) after HP’s $1.6 billion offer for the data storage company trumped a bid by its smaller rival Dell Inc (NASDAQ:DELL). 3PAR has determined that HP’s proposal was "reasonably likely" to lead to a…
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HP Counters Dell Offer for Data Storage Vendor 3PAR
NEW YORK Aug 23 (Reuters) – Hewlett-Packard Co (NYSE:HPQ) launched a $1.6 billion bid for data storage company 3PAR Inc (NYSE:PAR) on Monday, topping an offer by technology rival Dell Inc (NASDAQ:DELL). HP bid $24 a share for 3PAR, about 33 percent more than Dell planned to pay in a deal announced a week ago.…
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Ubicom Announces DDR3 and USB 3.0 Network Processors
Networking and multimedia processor solutions specialist Ubicom announced the introduction of its IP8100 family of network processors. The processors are targeted toward solutions for consumer, SOHO and small to medium-size business (SMB) applications for both retail and service provider deployments. The IP8100 processors provide routing, security and advanced services. The multiprocessing solution allows line rate…
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Asigra, 6fusion Partner for MSP Instant Cloud Backup
Looking to make it easier for MSPs to offer cloud backup services, backup software and recovery vendor Asigra has partnered with infrastructure-as-a-service provider 6fusion. The partnership gives VARs and MSPs a quick entry to offering cloud backup services without upfront capital cost. Asigra is in use by many MSPs playing in the cloud backup space.…
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Symantec Quarter Sales Flat
SEATTLE, July 28 (Reuters) – Symantec Corp (NASDAQ:SYMC) warned that second-quarter sales and profit would likely miss Wall Street estimates as spending on data storage systems remains weak, sending its shares down 8.3 percent. The world’s No. 1 security software maker on Wednesday reported higher quarterly net profit, but saw flat sales and signaled a…