Dell and HP play ping-pong with 3Par bids

The potential acquisition of datacentre software and equipment firm 3Par is rapidly turning into something of a soap opera.

First of all Dell signalled its interest in the firm and began courting it, coyly offering its hand in acquisition in return for a significant dowry. 3Par graciously accepted, and all appeared to be happy and content in their new partnershop.

But, then, out of nowhere came the dastardly HP with a rival offer for the firm’s hand – an offer that came with more praise and more treasures, and it seemed that Dell had lost its new love – just like that.

The firm rallied though – no late night drinking and tears before bedtime for it. Instead, it threw itself back into the arena, and countered with another offer. And again it seemed to have won out.

The next installment in the saga came just hours later though, when HP made another, larger offer for the firm – by which time 3Par was probably thinking about auctioning itself off on eBay and just letting everyone have a go.

This to-ing and fro-ing must have caused champagne bottle pops to sound out all over 3Par HQ, as the firm saw its market value change on an almost hourly basis – and we doubt the story is over yet. We can’t help but wait anxiously for the next installment.

With twists and turns like this, you can forget Eastenders.

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~ by maillotjaunepr on August 27, 2010.

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