3PAR will open deliberations with Hewlett-Packard subsequent that company's unsolicited $1.6 billion cash bid for the data storage maker, which exceed an earlier bid from Dell. 3PAR plans to distribute non-public information with HP, according to a filing on Tuesday with the U.S. Securities and Exchange Commission. Dell, which bid $1.15 billion for 3PAR on Aug. 16, has been learned of the talks and will have three days to create a counteroffer if 3PAR endorses HP's bid.
HP sent its tender in a letter to 3PAR, forcing that company board to think again its union agreement with Dell, which it continue to endorse. though, 3PAR's board may believe HP's offer a superior proposal, putting demands on Dell to increase its bid or lose out to HP. HP has stated that 3PAR's technologies will facilitate it expand its offerings for building public and private cloud services. a lot of enterprises are using cloud services, where computing and data storage are done in remote data centers.



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