There We Go Again: Dell Offers $1.8 Billion For 3PAR – 3PAR Accepts

The bidding war continues. Dell announced today that 3PAR has accepted its increased offer to acquire the storage leader for $27 per share in cash, or approximately $1.8 billion. Dell had previously signed an agreement to acquire 3PAR for $18 per share or $1.13 billion, with a provision for matching competing bids. HP then effectively outbid the company and offered $1.6 billion, but Dell matched that offer yesterday, after which HP made a renewed bid for - you guessed it - $1.8 billion .