Dell To Buy 3PaR For $1.2 Billion

Dell announced plans Monday to buy 3PAR for about $1.2 billion in cash, or $18 a share. 3PAR's shares were recently up 87% at $18.01, while Dell was down 4 cents at $11.97. Dell will add a premium storage product to its portfolio which will reduce data management costs in the future. Projections are that this acquisition could reduce these [...]