Michael Dell: HP Overpaid for 3Par
Speaking in an interview with Bloomberg at the World Economic Forum, Dell explained why his company exited last summer's bidding war with HP over 3Par. ""We showed a good discipline and didn't take an emotional decision," he said. HP paid "way too much" for 3Par, added the CEO, who compared the deal to the $960 million Dell paid for storage firm Compellent (CML) in December.
|Michael Dell believes that HP paid too much for storage specialist 3Par.|
Dell also confirmed that his company has more M&A up its sleeve. "We are looking at more acquisition opportunities in software, data centers, cloud computing, storage and virtualization," he said.
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