Why I.B.M. Took a Different Path in Storage

Updated to correct the name of the company that EMC purchased last year.

The high-stakes sumo match between Hewlett-Packard and Dell ended on Thursday, with H.P. paying about $2.3 billion for 3Par.

I.B.M. has said it looked at 3Par and other companies more than two years ago, when it was building up in the field of clustered storage, an important technology in handling data remotely for so-called cloud computing systems. Instead of 3Par, it bought an Israeli clustered-storage specialist, XIV.

I.B.M. did not report the price tag on XIV. But analysts estimate it probably paid less than $200 million for a business that now generates more sales than 3Par’s revenue of $194 million last year.

I.B.M. will not comment on those estimates, but it does point to the XIV deal as an example of how its research labs are used to inform the company’s merger, acquisition and divestiture strategy.

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Image representing IBM as depicted in CrunchBase

By STEVE LOHR

Updated to correct the name of the company that EMC purchased last year.

The high-stakes sumo match between Hewlett-Packard and Dell ended on Thursday, with H.P. paying about $2.3 billion for 3Par.

I.B.M. has said it looked at 3Par and other companies more than two years ago, when it was building up in the field of clustered storage, an important technology in handling data remotely for so-called cloud computing systems. Instead of 3Par, it bought an Israeli clustered-storage specialist, XIV.

I.B.M. did not report the price tag on XIV. But analysts estimate it probably paid less than $200 million for a business that now generates more sales than 3Par’s revenue of $194 million last year.

I.B.M. will not comment on those estimates, but it does point to the XIV deal as an example of how its research labs are used to inform the company’s merger, acquisition and divestiture strategy. Leer más “Why I.B.M. Took a Different Path in Storage”

Dell, HP bidding war for 3Par heats up

HP’s latest offer of $2B is tenfold premium over 3Par’s market value
By Lucas Mearian

Computerworld – In less than two weeks, the bids for grid-storage vendor 3Par have nearly doubled, from $1.15 billion to $2 billion with Hewlett-Packard’s latest tit-for-tat bid against Dell.

The two technology behemoths are fighting for what is arguably the last independent vendor of enterprise-class data storage on the market. But when do the offers become too outrageous? Or can they? 3Par, an 11-year-old company that sells a high-end, highly scalable storage platform, had sales of about $200 million last year, so the latest bid represents a tenfold premium over the revenue 3Par generates.

“Regardless of what anyone claims, money is the only factor that will determine the outcome,” said Steve Duplessie, lead analyst at research firm Enterprise Strategy Group.


Image representing Dell as depicted in CrunchBase
Image via CrunchBase

HP’s latest offer of $2B is tenfold premium over 3Par’s market value

By Lucas Mearian

Computerworld – In less than two weeks, the bids for grid-storage vendor 3Par have nearly doubled, from $1.15 billion to $2 billion with Hewlett-Packard’s latest tit-for-tat bid against Dell.

The two technology behemoths are fighting for what is arguably the last independent vendor of enterprise-class data storage on the market. But when do the offers become too outrageous? Or can they? 3Par, an 11-year-old company that sells a high-end, highly scalable storage platform, had sales of about $200 million last year, so the latest bid represents a tenfold premium over the revenue 3Par generates.

“Regardless of what anyone claims, money is the only factor that will determine the outcome,” said Steve Duplessie, lead analyst at research firm Enterprise Strategy Group. Leer más “Dell, HP bidding war for 3Par heats up”