HP has done it again and this time it outran dell in the bid of acquiring 3Par, a data storage company. Dell had kept forward $1.13 billion to acquire 3Par, but HP brought in a little more with a mind blowing $1.5 billion to acquire 3Par. Both the computer giants are in the intention of expanding their business from mere computer production.

If these companies are able to acquire 3Par then they will be able to provide their corporate customers with a software service that will be organizing data for them. 3Par provides its services from the web,with online subscription facility called ‘cloud computing’.

HP has agreed to pay $24 per share and 33% higher premium than Dell’s $18 per share. HP in todays date is the world largest computer manufacturer and dell is placed 2nd. HP is now eying to get in software market through the acquisition of 3Par.