The 3PAR acquisition was desirable and convincing to the shareholders of the bidders due to the timely acquisition of storage utilities and thus ability to meet the market demand and the needs of the customers. This research paper gives a critical analysis and discussion of the bidding process, the actual bids and the factors which enabled the bidders to convince their shareholders to support the high bids which were laid for 3PAR. Company Background HP HP or Hewlett-Packard Company is a US multinational company with its headquarters in California. HP is an information technology company which provides its international customers with innovative technologies and software applications in addition to computer and system solutions for various businesses and organizations regardless of their scale of operation or size.1 The company’s products and services have achieved an increasing market share within government agencies, the health sector, and private and public business organizations. In addition to software and application packages, the company manufacturers hardware for data storage and networking.2 Computer accessories such as scanners and printers are among the hardware that the company provides to its customers. To achieve growth within the information and technology market and attain a high level within the competitive ladder, the company has employed various corporate strategies such as mergers and acquisition. As a result of effective corporate strategies the company has been able to beat its business rivals such as Dell. Nonetheless, it must be noted that the company has experienced inevitable challenges within the business environment. These challenges emanate from the economic, political, legal and social environmental forces. To overcome these challenges, HP endeavored to acquire 3PAR Inc. as a way of promoting its storage function and thus creating an appeal to its customers across the world.3 The executives of HP were convinced that through the acquisition of 3PAC Inc. it would be able to create enhanced storage possibilities for its customers and thus achieve a positive impact on individual, government, societal and business computing and business activities. 3PAR Inc. 3PAR Inc. is a US company which manufactures computer systems and software applications for the data storage needs of businesses and organizations. Additionally the company produces packages for organizational management such as human resource management systems and finance and accounts information systems. Hewlett-Packard is the larger company which holds wholly ownership for 3PAR Inc. The storage utilities manufactured by the company have attained success in the market and as a result the company was categorized among technology companies which registered highest growth rate and large shares in the market.4 The company’s products are categorized within the utility storage as they enable organizations to store and process large amounts of information with increased efficiency and effectiveness. As a global leader in provision of utility storage 3PAR Inc. has dynamically tiered, highly visualized, multitenant storage which is designed to provide private and public users with cloud computing services at coat effective prices without compromising on efficiency, quality and reliability.5 Therefore it is through a virtual storage platform that the company is able to eliminate the setbacks facing the traditional
CORPORATE ACQUISITION: THE CASE OF HP AND 3PAR Instructor Institution Date Introduction Corporate strategies include acquisition of companies or businesses in order to achieve competitive advantage within the market and thus achieve an increase in the market share…
From the research it is clear that nowadays, there have many companies come into competition for serving the medical needs of the growing population. These companies have great pressure to serve the best possible quality products as the customers are mainly patients and ill people. In medical technology, Medtronic is considered as global leader.
The firm’s managers have set a target for ‘annual profits of $42.4 billion’ (case study 129). It is expected that in this way the firm’s competitiveness in the global market will be increased, leading to a long term growth. It should be noted that the need for continuous growth, on annual basis, has been resulted by the impressive expansion of the pharmaceutical industry the last 20 years; in fact, as also noted in the case study the industry’s growth has been estimated at 10% annually (case study 134); a similar growth of Merck should follow helping to enhance the firm’s performance in the long term.
IDesk can be called the larger version of iPad. The target market of iDesk is set to be all Post-Secondary education institutions with faculty of Arts and Design and all the decision makers associated with making the purchase and installation of iDesks in classrooms for these institutions. Preferably, the Deans of respective faculties would be considered the audience who can actually be contacted.
James Madison, Jefferson’s secretary of state, and the President himself took serious actions against any insults to the nation’s national pride and had faith in the capacity of the United States to preserve and protect itself. Jefferson and Madison, in power, aimed to enforce a utopian, rooted in a principled model of American ideas of morality, with the belief that these American ideas were generally legitimate (Kennedy 2003).
The three most important entities of a corporation are the shareholders, directors and officers. Duties of Directors and Officers of Corporations The officers and directors of an organization are referred to as fiduciaries of an organization, being fiduciaries; they are liable to perform two main duties (Becker, 2011, p.6).
This has been made possible through creativity and innovativeness of its computer hardware and software in addition to computer peripherals, internet services and digital music devices. Regardless of the company’s business success, it is faced with challenges of achieving a greater share in its corporate market.
It is the need for expanding growth and increasing the market share that Dell and HP were determined to acquire 3PAR through a bidding process. 3PAR Inc. which provides storage utilities through its platforms and architectures and cloud computing, was a desirable acquisition by the two information technology giants and business rivals.
Both HP and Compaq have similar positioning within the same industry, however, and this establishes somewhat of a foundational culture that can be seen to naturally unite a merger of two similar companies. The case can also be seen in terms of
Moreover, Apple is currently the most valued technological company in the world at present. The growth of Apple Company since its introduction in the market in 1976 was phenomenal. The company is currently operating
6 pages (1500 words)Research Paper
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