The shareholders of Dell appear to be unconcerned over Dell losing its bidding war for the storage company, 3Par. The shareholders did not display concerns for overpaying for the firm or the relief for loosing the bidding war.

The shareholders of the company have seen a number of failed deals and the scandals. The company was eager to acquire 3Par to enhance its capabilities storage capabilities but could not match H.P.’s $2.1 billion winning bid after raising its bid offer three times.

Analysts say that as Dell is willing to spend upto $2 billion on 3PAR it can better look for other technology companies. They say that it is a loss for the company as it was competing against a much larger firm.

The $2.1 billion bid announce is seen are too much for the company as it is more than three times 3Par’s undisturbed market capitalization and almost 10 times estimated sales. According to experts, Hp has overpaid about $1 billion which makes it a favorable situation for Dell, however it has a minimum effect on the stock prices of the company.

The shares of Dell rose only 2 percent after it withdrew from the offer on Thursday even as it received $72 million fee from the company for termination. The market reaction to the initial bid or the subsequent offers was also mild as the shares fell slightly.

Dells shares are down 70 percent over the last ten years as it is associated with the reputation of low quality products and poor technical support. Dell can now look for other storage companies like Compellent Technologies Inc, CommVault Systems Inc, Isilon Systems Inc, as well as privately held Pillar Data Systems and DataDirect Networks.

The companies may not offer the same level of specialized technologies for storage but purchasing a medium range company and then investing in them to develop them could help Dell expand its presence in the market.