3Com News

The recent move by HP to acquire 3Com is the best possible move to attack Cisco.

Brocade Communications Systems CEO Mike Klayko today said his company is not for sale, and has not been shopping itself.

Under this deal, 3Com will provide high-end enterprise switching, routing and security solutions for the prestigious project that will connect 23 district offices in the state to increase efficiency in government operations.

Hewlett-Packard Co. will acquire 3Com Corp. for $2.7 billion in cash under the terms of a definitive agreement between the two companies announced Wednesday .

One area where Hewlett-Packard Co. is expanding aggressively is computer networking, the home turf of market leader Cisco Systems Inc.

It would be nice to report that the president and chief operating officer of Toyota USA Inc .

Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.

With HP's bid for 3Com, Cisco's offer for Tandberg, Nortel's proposed sale of its enterprise assets to Avaya and Oracle's efforts to subsume Sun Microsystems, network managers could see some major upheaval in the marketplace.

Hewlett-Packard's fourth-quarter earnings reflect its continued effort to expand through acquisition and deliver end-to-end data services.

NEW YORK, USA: The decision of Hewlett-Packard Co to buy 3Com Corp , was termed as the hottest tech M&A deals of 2009.

While Hewlett-Packard Co. took some of the anticipation out of its fiscal fourth-quarter report by pre-announcing results last week, investors will still be watching closely for signs of improving health in the high-tech arena.

Hewlett-Packard has reached an agreement to buy Massachusetts-based 3Com . HP, based in Palo Alto, Calif., will pay about $2.7 billion for the acquisition, according to The New York Times -- equal to a 39 percent premium above 3Com's closing share price on Wednesday.

US PC maker Hewlett-Packard , or HP, said late on Wednesday it has struck a deal to buy networking company 3Com for USD2.7bn in cash in a move to improve its position.

The rumor mill was abuzz with talk of insider trading after 3Com Corp. call trading jumped to a 26-month high four hours before Hewlett-Packard Co.

Close November 12, 2009, 4:07 PM ET By Scott Denne When Hewlett-Packard Co. announced the $2.7 billion purchase of 3Com Corp., it let the world know that H-P intends to compete fully with Cisco Systems Inc.

PALO ALTO, Calif. & MARLBOROUGH, Mass.-- --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.

After Logitech unveiled its plans to compete with Cisco in the video-conferencing segment through its acquisition of LifeSize Communications , Hewlett-Packard yesterday disclosed its agrement to to acquire networking-gear maker 3Com for $2.7 billion in cash, to enter into other areas than PC and pose a challenge to market leader Cisco systems in ...

Hewlett-Packard and 3Com Corp. they have entered into a definitive agreement for HP to purchase 3Com, provider of networking switching, routing and security solutions.

Welcome to Deal Stocks. In the news Thursday are Hewlett-Packard Co. , 3Com Corp.

Hewlett-Packard Co.'s pending buyout of 3Com Corp. highlights an accelerating race in the tech sector to grow businesses in an industry where development from within simply is not enough.