Late on Tuesday, 3Par Inc. said that it was planning merger talks with HP.

3Par publically announced that its board had a meeting on Monday and was firm that HP’s unsolicited acquirement offer was rationally probable to turn into a finalization of an accord that would be of a higher quality to the one that had been struck by the Company with Dell Computers in the previous week.

Subsequently, the Fremont, utility storage technology firm based in California, said that it intended to open the discussion with Hewlett Packard, so as to completely examine the tender, which is valued at 3Par shares at $24 for each and is way above Dell’s deal of $18 per share.

The firm as well plans to offer HP non-public data regarding its operations and businesses, which is going to be a part of the procedure.

On Tuesday, the Company’s shares carried on rising, as informed by it in the filing where it also said that it had informed Dell concerning its decision and that, for the given time, it would continue recommending Dell’s offer to its investors.

3Par said that if it finalized a deal with HP, then Dell would have three business days to go in for negotiation and alter its proposal.