Dell pays $1.15 billion for storage company 3PAR
Dell Inc for $18 per share in cash, or $1.15 billion, extending its storage product offering for cloud computing.
The deal marks an 87 percent premium over 3PAR's Friday closing price. It is expected to close by the end of the year, the companies said.
(Reporting by Nick Zieminski; Editing by Derek Caney)
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick