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Business News
[September 3, 2010] Storage vendor says it has paid Dell $72 million termination fee.
[September 2, 2010] 3PARs board accepts latest HP $33 a share offer, Dell withdraws from bidding.
[August 31, 2010] Chip maker says acquisition deepens wireless portfolio, gains position in mobile handheld devices market. Unit will operate as standalone business.
[August 30, 2010] Company owned by Microsoft co-founder sues AOL, Apple, eBay, Facebook, Google, Netflix, Office Depot, OfficeMax, Stapes, Yahoo and YouTube claiming patent infringement of Web technologies.
[August 27, 2010] 3PAR board of directors nods to HP's $30 a share offer, gives Dell three business days before agreement terminates.
[August 26, 2010] HP tops Dell's $24.30 per share offer with $27 a share bid only hours after 3PAR accepts Dell's proposal.
[August 23, 2010] Offer one third higher than Dell proposed for storage vendor less than two weeks ago.
[August 25, 2010] Vendor seeks to aggressively grow predictive analysis business segment.
[August 18, 2010] Computer maker's founder received lowest vote total in election of company's board of directors.
[August 9, 2010] Interim chief executive Lesjak (pictured) says company will continue with plans on the table for supply chain, services, printing and R&D.
[August 7, 2010] SEC filings reveal $12.2 million in severance pay and stock valued at about $16 million, not including an option to buy an additional large block of shares, for widely-respected executive credited with transforming the company.
[August 6, 2010] Violations of vendors code of business conduct uncovered in sexual harassment investigation. CFO Lesjak appointed interim CEO. Company also releases preliminary Q3 financial results showing 11 percent revenue uptick and 12 percent per share earnings bump.
[August 6, 2010] Agreement resolves charges that chip maker illegally impeded competition, frames future competitive behavior.
[July 22, 2010] Company chairman Michael Dell and other execs consent to penalties totaling more than $11 million for involvement in accounting trickery, failing to disclose key financial information to investors.
[July 19, 2010] Vendor says transaction will bolster its positions in the U.S. and Japan, gain technology, strengthen research and development, bring new customers.
[July 16, 2010] Telecom giant gains 6,000 new customers, plans for cloud computing services.
[July 6, 2010] Storage vendor to leverage acquisition for new data computing product division.
[July 2, 2010] Vendor names Jeff Casale to head strategic planning, drive growth in region.
[June 23, 2010] Cost Buster initiative allows channel partners to include financing with five pre-packaged, mid-market collections.
[June 7, 2010] School board replaces 180 Exchange servers, estimates $6 million savings.
[June 1, 2010] Vulnerability issues prompt search giant to move employees to Linux PCs, Macs.
[May 26, 2010] Company estimates overall economic impact of its Search, AdWords, AdSense and Grants.
[May 19, 2010] VirnetX sued software giant in 2007, won jury award for $105.75 million for violating patented VPN technology.
[April 29, 2010] Purchase signals vendors role as serious player in mobile device market.
[April 21, 2010] Vendor points to growth markets, Analytics, Smarter Planet initiatives. Posts bumps in software, systems, services revenue but services bookings decline.
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