If FIO was worth anything, if their relationships with apple or face book was worth anything, they are a technological leader in PCIE flash and using,if ion storage is worth anything, we shall see competing bids for FIO. If not there will be no cometing bid for FIO. Shane Robinson was head of mergers and acquisitions at HP, he should know how to conduct an auction, since he over paid for 3Par storage. It took 2 weeks after Dell made initial offer before HP came in with competing bid.
Yep! in a nut shell...on August 16, 2010, Dell announced that it would acquire 3PAR in a transaction valued at approximately $1.15 billion .... Then on September 27, 2010, HP completed the acquisition for $2.35 billion.