After the previous head-to-head bidding war, 3PAR Incorporation, the data storage manufacturer, announced, in a statement, that Dell, the American manufacturer and retailer of personal computer software and hardware products and one of the leading Companies around the world, is currently out of the race for the famous transaction whereas Hewlett-Packard Corporation (HP) is still taking the lead.

The $2.35 billion bid offered by HP was enough to end the contest. After announcing that offer, Dell reported it was not going to match this price and that it is out of the competition. HP’s last bid was for $33 a share. Dell’s last offer, which was topped by HP, was for $32 per share. HP’s last offer is almost 32% higher than the initial offer announced by Dell.

The two giants’ fight over 3PAR is totally justified, as 3PAR would have ensured a wider market for the computer Companies, in addition to the data storage software development programs that would result from such a transaction. During that war, both Dell and HP witnessed a significant rise in their share values, where Dell shares increased by 2%, whereas HP’s shares jumped by 1.2%.

Although 3Par is not very expressive about the bidder, the deal would be completed by the end of this year.