Did HP overpay for 3PAR? John Bender doesn’t think so. What are your thoughts?

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Did HP overpay for 3PAR? John Bender doesn’t think so. What are your thoughts?

September 13, 2010 by kcutshall

Computerworld – “Few, if any, expected Dell to win the weeks-long bidding battle for 3Par after HP slammed down a $2 billion bid for the company, trumping Dell’s previous bid by almost $400 million.
…
John Bender, who once ran HP’s mergers and acquisitions group and led the HP-Compaq merger in 2002, said his former company did not overpay for 3Par, and in fact, it needed a win after the contentious departure of CEO Mark Hurd…”

Read the full article and let us know your thoughts.

Posted in Uncategorized | Tagged Change Management, IT, M&A | Leave a Comment

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Blogger: Jay Stuller

Author of eight books and more than 1,000 articles in magazines including Smithsonian, Audubon, Playboy and Reader’s Digest, Stuller also spent 30 years as a communications executive, mostly at Chevron. There he wrote the annual report, speeches for the Chairman of the Board and other executives, and for the employee magazine. He also spent several years on the leadership team of a major Chevron operating company and thus brings a rare blend of business acumen and mainstream journalism skills to Bender Consulting, where he is a Managing Director and Chief Communications Officer.
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With more than 15 years experience as a Hewlett Packard executive in manufacturing, product design, international procurement, corporate strategy, and sales & marketing functions, Bender is widely recognized for his key role HP's $19.5 billion acquisition of Compaq Computer. Previously a senior director in the company’s strategic change office where he led twelve smaller acquisitions and built an internal consultancy to drive multi-billion dollar growth initiatives, Bender also served as the executive director and vice president of the firm’s commercial sales group, leading a global reinvention of its composition, strategy and activities. Since founding Bender Consulting in 2004, he has focused on leading high-risk, mission-critical business transformations for large organizations. In doing so, Bender has earned a reputation as a trusted advisor to executives leading difficult transformations.
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With more than fifteen years of senior executive experience in IT management, strategy development, operations optimization, mergers and acquisitions integration, divestiture planning, new business launch and startup operations, organization design and program management, Scott Archibald has one of the most diverse backgrounds in Bender. He has twice served as an operations chief of staff for HP vice presidents, leading customer facing and internal organizations comprised of over 2000 employees - and is most known for his role ensuring that all information technology infrastructure services worked flawlessly on the first day that HP & Compaq officially merged. Scott is a Managing Director of IT Transformation for Bender Consulting.
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A former member of the Royal Dutch Navy’s intelligence sector, Everett began his career in financial auditing with Arthur Andersen shortly after leaving the service. Throughout the 1990s he focused on profit improvement; cost management; re-engineering; change management; and, strategy and business transformation, in an active consulting practice on both sides of the Atlantic. He later joined Deloitte & Touche, founding and developing its Consumer Business Team in the Netherlands. His work then took him to the United States, selling, overseeing and performing work for clients in the Mid-West, mainly in areas around supply chain & finance. More recently, Hulleman co-founded a strategic and financial planning consulting firm called Beyond EPS Advisors, which also emphasizes cost controls and performance management. Now a Managing Director with Bender, he specializes in Financial Transformation.
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