HP bids $1.6 billion for 3Par
Hewlett-Packard this morning said it has submited a $1.6 billion bid to buy 3Par, just a week after Dell had agreed to buy the virtualized storage maker for $1.15 billion.
HP said that if the proposal, 33.3% higher than Dell's bid, is approved by the 3Par board, the deal should close by year's end.
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HP offers $1.6 billion for 3PAR, tops Dell's offer
Hewlett-Packard has offered to buy 3PAR, a vendor of virtualized storage systems, for US$1.6 billion in cash, topping a bid of $1.15 billion made by Dell last Monday.
HP made its offer in a letter to 3PAR President and CEO David Scott on Monday morning.
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Researcher told Microsoft of Windows apps zero-day bugs 6 months ago
Microsoft has known since at least February that dozens of Windows applications, including many of its own, harbor bugs that hackers can exploit to seize control of computers, an academic researcher said Sunday.
At least 19 of the bugs can be exploited remotely, Taeho Kwon, a Ph.D. candidate at the University of California Davis, said in a paper he published in February and presented last month at an international conference.
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