HP Announces Revised Proposal to Acquire 3PAR for $30 per Share in Cash


PALO ALTO, Calif., Aug. 27, 2010 - HP today announced that it has increased its
proposal to acquire all of the outstanding shares of 3PAR Inc. (NYSE: PAR) to $30
per share in cash, or an enterprise value of $2.0 billion. The proposal represents
an 11 percent premium above the most recent price offered by Dell Inc. of $27 per
share. HP's proposal is not subject to any financing contingency and has been
approved by HP's board of directors. Once approved by 3PAR's board, HP expects
the transaction to close by the end of the calendar year.

About HP
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businesses, governments and society. The world's largest technology company, HP
brings together a portfolio that spans printing, personal computing, software,
services and IT infrastructure to solve customer problems. More information about
HP (NYSE: HPQ) is available at www.hp.com.

Editorial Contacts
Gina Tyler, HP
+1 650 857 7582
corpmediarelations@hp.com

HP Media Hotline
+1 866 266 7272
www.hp.com/go/newsroom

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3000 Hanover Street
Palo Alto, CA 94304
www.hp.com

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