Dell may have even made what it knew was a low offer to start, Hargreaves said, to take advantage of turmoil at HP, where CEO Mark Hurd had just resigned in the wake of a sexual-harassment allegation against him.
Andy Hargreaves, an analyst for Pacific Crest Securities, said Thursday that Dell and HP are willing to pay more than twice 3Par's previous value because they believe they have the marketing and distribution muscle to turn 3Par into a much larger business.
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