3PAR Inc.4209 Technology Dr. Fremont, CA 94538 Company Web Site | | Phone: 510-413-5999 Fax: 510-413-5699 Toll Free: 888-372-7226
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3PAR has taken a swing at the high-end storage market. The company's storage servers and software let large enterprises pool their storage assets across multiple departments or lines of business, consolidating data management while allowing differentiated service levels. Its customers include midsized and large corporations and government agencies worldwide. Target sectors for 3PAR include cloud computing service providers, consumer-oriented Web companies, and financial services firms. The company was founded by veterans of Sun Microsystems. 3PAR counts eHarmony.com, Hilton Grand Vacations Thomas Weisel Partners, and the US Army among its clients.
IPO Information Date Went Public:
Nov 16, 2007
Filing Date:
Aug 14, 2007
Proposed Offer Price:
$11.00 to
$13.00
Actual Offer Price:
$14.00
First Day Open:
$16.50
First Day Close:
$15.75
Shares Offered (mil.):
7.50
Offering Amount (mil.):
$105.00
Post-Offering Shares (mil.):
60.02
Underwriters:
Goldman, Sachs & Co.; Credit Suisse Securities (USA) LLC; UBS Securities LLC; Thomas Weisel Partners LLC; RBC Capital Markets Corporation
|  | Key Numbers Company Type:
Public
NYSE Arca:
PAR Fiscal Year-End: March 2009 Sales (mil.): $184.7
1-Year Sales Growth: 56.5% 2009 Net Income (mil.): ($1.0) 2009 Employees: 591
1-Year Employee Growth: 31.0%
Key People
Chairman Kevin Fong
President, CEO, and Director David C. Scott
CTO System Architecture Ashok Singhal
CTO System Design and Director Jeffrey A. (Jeff) Price
VP Business Development and Alliances Stephen F. (Steve) Crimi
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