HP To Acquire 3com For $2.7 Billion

Posted by Tux De Luxe at 07:56 12/11/2009
HP To Acquire 3com For $2.7 Billion: "An anonymous reader writes 'HP and 3Com Corporation 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.'