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Newscenter
11/11/2009-
HP to Acquire 3Com for $2.7 Billion
PALO ALTO, Calif. & MARLBOROUGH, Mass.--(BUSINESS WIRE)--HP (NYSE: HPQ) and 3Com Corporation (NASDAQ: COMS) ("3Com") today announced that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking switching, routing and security solutions, at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion. The terms of the transaction have been approved by the HP and 3Com boards of directors.
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| More Press Releases: |
08/18/2009-
H3C Sets New Performance Standard for Data Center Switches in Independent Tests
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08/04/2009-
3Com Executive to Present at Canaccord Adams and Oppenheimer Conferences in Boston
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08/03/2009-
Miercom Reports 3Com's H3C Enterprise Switches Are Industry's Most Energy-Efficient, Using up to 40% Less Energy than Competing Products
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