Inside these posts: Data storage

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Dell plans offer to top HP’s for 3Par

Dell Inc. is planning to submit a more competitive bid for data storage firm 3Par Inc., challenging Hewlett-Packard Co.’s offer of $24 per share, a source familiar with the talks said Wednesday.

The source said Dell’s new bid was likely to be more “competitive” than HP’s last offer of $1.6 billion, but declined to comment on how much higher its bid would be. Get the full story »