Dell said on Sept. 2 that it was dropping out of the bidding for 3PAR after Hewlett-Packard raised its offer for the data storage company to $33 per share or $2.4 billion.
Dell said it will not increase its offer of $32 per share.
"We took a measured approach throughout the process and have decided to end these discussions," said Dave Johnson, Dell's senior vice president for corporate strategy.
Dell also said it is entitled to receive a $72 million break-up fee from 3PAR.
Copyright Agence France-Presse, 2010
