Stories by Chris Kanaracus and Peter Sayer

Dell agrees to buy Compellent for $960M

Dell has agreed to buy virtualized storage vendor Compellent Technologies in an all-cash deal worth US$27.75 per share, a little more than the $27.50 per share price tag it was discussing with the company last week, but still lower than the stock's Monday-morning opening price of $28.30.

HP ups 3PAR bid to $30 per share, tops Dell's latest

The bidding war for storage vendor 3PAR continued to escalate Friday, with Hewlett-Packard submitting a new offer of US$30 per share, or $2 billion. The offer topped a $27 per share bid made by Dell earlier in the day.

SAP earnings rise as revenue continues to slip

SAP's revenue fell in the third quarter, but earnings rose -- although neither figure was as high as analysts had hoped. The company said it expected the decline in software and software-related service revenue to continue.