NEW YORK Reuters Dell Inc dealt the latest blow in a bidding war over data storage company 3PAR Inc on Friday, sweetening its bid to $1.8 billion to match a rival offer from Hewlett-Packard Co.
Dell said 3PAR had accepted its new bid $27 per share bid, which is up 10 percent from its last offer.
The new Dell deal comes as HP launched a tender offer on Friday to buy all outstanding shares of 3PAR for $27 per share in cash, according to a newspaper advertisement.
The pursuit of 3PAR comes as HP and Dell, as well as other large technology vendors from International Business Machines Corp to Cisco Systems Inc, are trying to expand into new business areas.
Reporting by Paritosh Bansal; Editing by Derek Caney
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