Dell Acquires 3PAR for $1,150,000,000

  • Feed Type
  • Date
    8/16/2010
  • Company Name
    3PAR
  • Mailing Address
    4209 Technology Drive Fremont, CA 94538
  • Company Description
    3PAR is the leading provider of Utility Storage, a simple, efficient and scalable tiered-storage array for utility computing that lets customers serve more with less.
  • Website
    http://www.3par.com
  • Transaction Type
    M&A
  • Transaction Amount
    $1,150,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Under the terms of the agreement, Dell will commence a tender offer to acquire all of the outstanding common stock of 3PAR for $18 per share in cash.

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