Hewlett-Packard has succeeded in outbidding Dell for data-storage company 3PAR, agreeing to pay $2.4 billion -- three times its stock price before the bidding war began. HP is banking on the acquisition to give it an edge in large-scale enterprise computing, but some say it may have paid too much. "We thought the price Dell originally offered was already pretty rich," said Shaw Wu, analyst with Kaufman Bros.

Related Summaries