Tech Company M&A Transactions
3PAR Acquisition
Operating out of Fremont, 3PAR was bought by Hewlett Packard Enterprise. The transaction price was $2.4 billion.
Transaction Overview
Company Name
Acquired By
Announced On
9/2/2010
Transaction Type
M&A
Amount
$2,400,000,000
M&A Terms
Under the terms of the agreement, HP will commence a tender offer to acquire all of the outstanding common stock of 3PAR for $33 per share in cash.
Company Information
Company Status
Acquired or Merged
Industry
Storage
Mailing Address
4209 Technology Dr.
Fremont, CA 94538
USA
Fremont, CA 94538
USA
Phone
Website
Email Address
Overview
3PAR is the leading provider of Utility Storage, a simple, efficient and scalable tiered-storage array for utility computing that lets customers serve more with less.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Scott
Chief Financial Officer
Adriel Lares
Chief Technical Officer
Jeff Price
Founder
Ashok Singhal
Vice President
Alastair Short
VP - Bus. Development
Steve Crimi
VP - Customer Service
Rusty Walther
VP - Engineering
Peter Slocum
VP - Human Resources
Jeannette Robinson
VP - Marketing
Craig Nunes
VP - Operations
Randy Gast
VP - Sales
RJ Weigel
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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