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(Image from article: "HP makes $1.5-billion bid for 3Par, topping Dell's offer")

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IBM Rides Double-Digit Sales Growth To $200

In its quarterly earning released on Monday, IBM reported revenues of $26.7 billion – up 12% from the same period last year. With IBM reporting its 4th consecutive quarter of double digit revenue growth, its shares have marched higher since its announcement. The stock is up nearly 50% in the last year surpassing Microsoft as the second largest technology company by market cap behind Apple. IBM’s primary competitors include HP, Dell and Oracle.

 

H.P. Wins 3Par as Bidding War Ends

H.P. Wins 3Par as Bidding War Ends

Dell on Thursday withdrew from the bidding for 3Par, which agreed to be acquired by Hewlett-Packard for $33 per share.

 

HP makes $1.5-billion bid for 3Par, topping Dell's offer

HP makes $1.5-billion bid for 3Par, topping Dell's offer

Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., offering 33 percent more than what rival Dell Inc. agreed to pay for the company just a week earlier.

 

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