Taking The Pulse Of The Texas Technology Industry
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Taking The Pulse Of The Texas Technology Industry |
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 Thursday, August 26, 2010 Bidding War Escalates, As HP Ups 3PAR Offer To $1.8 Billion The battle between Round Rock-based Dell and Silicon Valley's HP over data storage provider 3PAR has further escalated, as HP said late Thursday that it has raised its offer to $27.00 per share in cash, or $1.8 billion, for 3PAR. The move comes hours after Dell said it had upped its bid to $24.30 per share in cash, or approximately $1.6 billion, for 3PAR. Dell originally reached an agreement to buy 3PAR for $18.00 per share, but was countered by HP on Monday. posted on Thursday, August 26, 2010(Full story) Dell Ups Bid On 3PAR Round Rock-based Dell reported today that 3PAR has accepted the firm's upped bid of $24.30 per share for the firm, or roughly, $1.6 billion. The new bid came after HP made a competing offer of $24.00 per share for 3PAR on Monday, a significant boost from Dell's original offer of $18.00 per share for 3PAR. Dell said the cash tender offer and new price does not alter the timing of its acquisition. The acquisition of 3PAR was originally announced on August 16th, however, became a bidd (More info...) posted on Thursday, August 26, 2010(Full story) Silicon Laboratories Licenses Technology To Chinese Firm Austin-based Silicon Laboratories said Wednesday that it is in a patent licensing and royalty deal with Chinese semiconductor firm RDA Microelectronics. Financial details of the license were not disclosed. According to Silicon Laboratories, the license grants RDA a limited license to its portfolio of FM radio patents. The firm said it has over 1,000 patents and patent applications related to mixed signal ICs and RF and radio designs. RDA Microelectronics develops FM radio receivers (More info...) posted on Thursday, August 26, 2010(Full story) |
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