Dell Acquires 3PAR for $1,150,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5727dd65-e967-4a1b-9bfd-d92e33deb929&Preview=1 - 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.
