Recent Articles
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HP Wins Bidding War for Data Storage Vendor 3PAR for $2.4B as Dell Bows Out
(Reuters) – Hewlett-Packard Co (NYSE:HPQ) won the bidding war to buy data storage company 3PAR Inc (NYSE:PAR) for $2.4 billion, after rival Dell Inc (NASDAQ:DELL) bowed out from a drawn-out bidding war on Thursday. HP raised its offer by $3 to $33 per share, beating Dell’s latest $32-a-share offer and ending an exchange of bids…
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Isilon Integrates iSCSI Protocol, Creating Unified Scale-Out Storage Platform
Isilon has integrated the iSCSI protocol into its OneFS operating system, delivering what the company says is the industry’s first unified scale-out storage platform for the enterprise. The advance enables Isilon scale-out storage users to consolidate file- and block-based applications onto a single, shared pool of storage. Isilon announced the simplified data management, available for…
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EMC, IBM to Lead Storage Market Growth, Report Says
Independent IT research firm TheInfoPro released its latest storage study, which yielded some encouraging news for the industry and indicates which companies stand to emerge strongest from the recession. According to the study, total storage spending among Fortune 1000 customers reports modest growth, with 35 percent of organizations expecting to boost appropriations in 2011 and…
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FalconStor Shows Off Data Protection and New Accelerator for VMware View
SAN FRANCISCO — Open standards storage maker FalconStor, which provides the array software for a number of major systems makers, Aug. 30 demonstrated a new storage area network accelerator and a data protection pacakge at VMworld 2010 specifially for VMware’s View control suite. >>Click here to read the rest of the story
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HP, Dell Bidding War for Storage Vendor 3PAR Close to $2B
To say that modestly profitable utility storage maker 3PAR is a company in the right place at the right time would be a massive understatement. The Dell versus Hewlett-Packard bidding war for the smallish Fremont, Calif.-based enterprise storage company took two huge steps only minutes apart Aug. 27 when 3PAR, by far the hottest property…
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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…