Dell (DELL -0.3%) will acquire storage technology firm 3Par (PAR +83%) in a deal valued at...

|About: Dell Inc. (DELL)|By:, SA News Editor

Dell (DELL -0.3%) will acquire storage technology firm 3Par (PAR +83%) in a deal valued at ~$1.15B, commencing a tender offer to acquire 3Par's outstanding shares for $18/share in cash. The transaction is expected to be accretive to Dell's earnings in FY 2012. (PR)