Daily Markets - HP`s 3PAR Acquisition Makes Strategic & Financial Sense

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HP`s 3PAR Acquisition Makes Strategic & Financial Sense Posted: 05 Sep 2010 06:18 AM PDT By Dian L. Chu, The 3PAR saga finally came to a close on Sep. 2 with Dell Inc. (DELL) beaten by Hewlett-Packard Co. (HPQ) in an 18-day bidding war. The final price tag of 3PAR is at $33 a share, or $2.35 billion, almost twice Dell's initial offer at $18 a share last month. So, does this acquisition make sense for HP? Building from Scratch? There is considerable cost to build technology from scratch. By the time you factor in the cost of hiring the people with the requisite skill set, … [visit site to read more]

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