Summertime Tech Bidding Wars, Part Deux

In 2009, we saw what we thought was a bit of an anomaly within the Information Technology industry: a multi-billion dollar summertime bidding war between two tech heavy-weights over a smaller technology company. EMC battled it out with Network Appliance over the acquisition of much smaller Data Domain which had cornered the market on data deduplication. This year, in a similar time frame, we are experiencing another summertime bidding war, this time between Hewlett Packard (HP) and Dell over utility storage provider 3PAR, Inc. In my opinion, we are starting to see a pattern emerge.