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HP has won the bidding war it waged with Dell for data-storage company 3Par, whose shares were trading at $9.65 when Dell first tried to acquire it in mid-August. Dell decided not to match HP’s $2.4 billion ($33 per share) offer, which topped Dell’s bid of $32 per share. Dell first tried to acquire 3Par with an $18 per share offer on August 16, which 3Par initially accepted.
Sony has updated its e-reader family of devices: the Reader Pocket, Reader Touch and Reader Daily. The new Readers offer touchscreen functionality based on infrared sensors that read taps made by a finger or a stylus. They are smaller and lighter, and have redesigned user interfaces.
Intel is acquiring Infineon’s wireless business for $1.4 billion — the second major transaction for the company in as many weeks, coming on the heels of its surprising announcement that it would purchase McAfee for $7.7 billion. Unlike the McAfee deal, however, the Infineon buy does not have analysts scratching their heads.
Salesforce.com is a top provider of CRM software in large part because its application is intuitive and easy to use and deploy. It is interesting, therefore, that many Salesforce.com users are opting for Salesforce.com Mobile because it is even easier and more intuitive to use than the desktop version, according to the company.
HP is proving relentless in its bidding war with Dell over data storage company 3Par. Within hours after Dell matched HP’s offer of $1.8 billion, HP countered with $2 billion. Where the bidding will go from here is anyone’s guess.
“Maybe they could just have a duel at dawn,” suggested Enterprise Strategy Group analyst Mark Peters.
It has been a roller-coaster week for 3Par, a company whose shares were trading at $9.65 when Dell first tried to acquire it in mid-August, with no sign that the ride will be ending any time soon. Since that event, HP made a counteroffer, which Dell has now topped — but only slightly.
Google has rolled out a new service that allows Gmail account holders to make voice calls to any traditional phone number from their Gmail account. It will require the installation of a voice and video plug-in, but users won’t need to have a special phone number assigned to them.
Virgin Mobile is making an aggressive move in the mobile broadband arena, going head-to-head with the likes of AT&T and Verizon Wireless. Beginning Wednesday, the carrier is offering a $40 unlimited mobile broadband plan without a contract. Similar offerings from competitors are priced at $60 per month and usually call for a two-year contract.
New generations of cellphones may be offering a feature that is a throwback to the analog age: FM radio. If they do, it will be because a controversial proposal gaining traction in Washington includes this functionality as part of the horse-trading. The National Association of Broadcasters has proposed that stations pay an aggregate $100 million a year in fees for the songs they play over the air. The proposal is tied to a requirement that FM radio be included as a mandatory feature on all mobile devices.
A lawsuit that is moving forward in the state of Hawaii adds another dimension to the ongoing debate over Internet addiction — while prompting more than a few cynical guffaws from tort reform advocates. The suit, filed by plaintiff Donald Smallwood against the company NCSoft, claims that he became “psychologically dependent and addicted” to the fantasy massive multiplayer online role-playing game “Lineage II.”
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