HP to acquire 3Com networking giant for 2.7 billion dollars
Major computer manufacturer HP has just announced that it will purchase router manufacturer 3Com for 2.7 billion dollars. The purchase is being made so HP can make headway in the server, cloud computing, and networking fields where 3Com is strong but where HP is only scratching the surface. It looks likely that the deal will go through next year.
We're not sure this will be a huge deal for you if you're merely a personal electronics consumer, but this will have implications for businesses that use network storage and the like. Plus, you don't see a 2.7 billion dollar acquisition every day, you know?
This story around the web:
- Trusted sources:
HP to Acquire 3Com for $2.7 Billion [hp.com]
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Techmeme: HP to Acquire 3Com for $2.7 Billion… [techmeme.com]
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Hewlett-Packard Will Acquire 3Com for $2.7… [nytimes.com]
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Between the Lines mobile edition [blogs.zdnet.com]
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HP To Buy 3Com For $2.7 Billion; Ups FY… [blogs.barrons.com]
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HP Acquires 3Com For $2.7 Billion | Sramana… [sramanamitra.com]
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HP Acquires 3Com For $2.7 Billion [techcrunch.com]
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Live-Blogging H-P’s 3Com Call -… [blogs.wsj.com]
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HP Buys 3Com to Play Cisco’s Server… [gigaom.com]
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HP aims for networking cloud with 3Com buy |… [news.cnet.com]
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HP to Acquire 3Com, Upping Competition with… [digitaldaily.allthingsd.com]
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HP to acquire 3Com for $2.7B, to take on… [venturebeat.com]
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Hewlett Packard Buying 3Com In A $2.7 Billion… [businessinsider.com]
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HP To Acquire 3Com In $2.7 Billion Deal --… [informationweek.com]
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No Title [siliconvalleywatcher.com]
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HP to acquire 3Com in $2.7 billion deal [engadget.com]
Get more information on topics relating to this story:
- Related glossary terms:
- cloud computing, server
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