InfoAnda - HP to buy 3Com for $3.1 billion

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Geely's Volvo bid highlights China's global car ambition | 25 December 2009
In app store war, BlackBerry, Google hold own | Technology | | 23 April 2009
Seoul shares extend gains, up 3.5 pct | 9 April 2009

Dell's Streak readies for battle with iPad | 26 May 2010

Forum Views () Forum Replies ()

Read more with google mobile : HP to buy 3Com for $3.1 billion | Technology |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters HP to buy 3Com for $3.1 billion Thu Nov 12, 2009 8:11am EST Email | Print | Share | Reprints | Single Page [-] Text [+] By Ritsuko Ando and Gabriel Madway NEW YORK/SAN FRANCISCO (Reuters) - Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc. The deal is the latest sign that technology giants from IBM to Oracle Corp are increasingly encroaching in each other's markets as they seek to become one-stop shops for computing, networking and data storage. Cisco itself this year pushed into the server market, of which HP is a major player. HP, which also reported higher-than-expected preliminary earnings on Wednesday, said it would pay $7.90 per share for 3Com, a 39 percent premium over its closing price. The deal values 3Com at $2.7 billion excluding its net cash. "Cisco and HP are going to compete more and more," said Jayson Noland, analyst at Robert W. Baird & Co. "We're headed to a world where each of these large companies can give you everything you want." By buying 3Com, HP will be competing with Cisco on a wider range of network equipment, including routers and switches. 3Com also has a large presence in China and can help HP expand sales into one of the world's fastest-growing markets. HP is already a dominant force in personal computers, IT services, servers and printers, with recurring revenue streams that have helped it during the economic downturn. 3Com, for its part, has been pushing into the large enterprise market outside China with its H3C brand, trying to take on giants like Cisco. "We wanted to create a powerhouse in the networking industry," said Marius Haas, senior vice president of HP's ProCurve networking division, adding that the 3Com deal puts HP in a good position to compete against Cisco. When asked for comment, Cisco said: "While Cisco has a healthy respect for all of our competitors, acquisitions in our industry only validate the fact that networking is becoming the platform for all forms of communications and IT." 3Com has been an acquisition target before. In 2008, Bain Capital Partners and China's Huawei Technologies tried to buy 3Com for $2.2 billion but failed to win approval from a U.S. government security panel. Huawei is a privately held company set up by a former Chinese army officer. 3Com shares jumped 35 percent to $7.66 in after-hours trading. They climbed over 5 percent on Wednesday ahead of the announcement. HP shares edged 0.8 percent lower to $49.61. A rise in 3Com shares and call options before the offer was announced sparked talk that the news had been leaked, option traders and analysts said. 3Com would be HP's fourth biggest acquisition ever. The Marlborough, Massachusetts-based 3Com has 5,800 employees and posted fiscal 2009 revenue of $1.3 billion, more than half of which came from China. TECH DEALS GALORE Worldwide tech mergers and acquisitions have totaled $109.1 billion this year, down 20 percent from year-to-date 2008, according to Thomson Reuters data. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: NPPD shuts Neb. Cooper reactor also on reuters Full Coverage: The Route to Recovery Obama tops Forbes list of world's most powerful people Full Coverage: Reuters Health Summit More Technology News Intel to pay AMD $1.25 billion, settle all disputes Activision says "Call of Duty" sets launch record | Video Academics hope history in video games spurs interest New invention addresses lithium battery fires Qualcomm announces multi-mode high-speed chips More Technology News... Related News INSTANT VIEW: HP in $2.7 billion deal to buy 3Com 8:11am EST Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Mike Tyson arrested after L.A. airport scuffle | Video Get ready, America: Here comes Sarah Palin Taylor Swift makes history at Country Music Awards Billionaire Bill Gates says Wall St pay too high South Korea presses home China advantage versus Japan Blackout raises doubts over Brazil infrastructure | Video And the ugliest people are... Food: Is Monsanto the answer or the problem? Pacquiao set to go where no fighter has been before China looms as key challenge on Obama's Asia tour | Video Most Popular Articles RSS Feed Video China key on Obama's Asia trip Hedge fund copycats show promise Monkey waiters in Japan Mini-dress drama in Brazil Thousands observe Arafat anniversary Obama marks Veteran's Day Talk of the Town Protestors mar British royal visit Behind the wave of insider selling Women's soccer turns nasty Most Popular Videos RSS Feed Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Labs | Journalism Handbook | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers International Editions: Africa | Arabic | Argentina | Brazil | Canada | China | France | Germany | India | Italy | Japan | Latin America | Mexico | Russia | Spain | United Kingdom | United States Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 12 November 2009
The nation's weather
Detentions set to dominate Russia, Georgia talks
Abbas resists U.S. pressure to resume peace talks | International |
David Letterman's Alleged Blackmailer Wants Case Dismissed
Ahmadinejad suggests Iran role in atom fuel bank | International |
NATO expects more resources for Afghan training | International |
Clinton: US envoy's trip to North Korea still on
Court Rules Joe Jackson Has No Claim to Michael's Estate
Who knew of Fort Hood suspect's radical contacts?
Blackout raises doubts over Brazil infrastructure | International |
Merkel back to work after Berlin Wall party
AP-GfK Poll: A grouchy public sticking with Obama
Pakistanis pay high price for anti-militant drive | International |
Ronnie Wood And Jo Wood Granted Quickie Divorce
THE INFLUENCE GAME: Bishops shape health care bill
Karadzic seeking appeal to remove appointed counsel | International |
Number of wounded troops in Afghanistan increasing
Simon Cowell Tops Best Paid Primetime Men On TV List
US crop estimates may ease fears about wet harvest
Palestinian cave-dweller fights Israeli eviction | International |
Oprah Winfrey Settles "Aha Moments" Suit With Insurance Company
Peter Andre Awarded Libel Damages From Tabloid
Report: Blackwater OK'd $1M plan to pay off Iraqis
"Twilight" Leads People's Choice Awards Nods List
Somali pirates hijack two more ships | International |
Cypriots guarded over British land offer | International |
Merkel, Sarkozy in first joint Armistice ceremony | International |
First ethnic groups agree to join Myanmar guards
Ft. Hood probe spotlights Web-savvy preacher | Technology |
Iranian accused of smuggling drugs on fake leg
Taiwan: No quid pro quo for lifting US beef ban
Nokia launches 3 phones for the CDMA standard | Technology |
Clinton: No conditions on Myanmar for better ties
Wal-Mart offers $100 gift card on BlackBerry purchases | Technology |
Foreign aid worker held in death of Afghan boy
China mining co. accused of damaging Great Wall
Logitech buys LifeSize Comms for $405 million | Technology |
Missing US soldier's body found in Afghan river
Eager fans greet Call of Duty launch | Technology |
Clinton says Korea naval fight won't deter U.S. envoy
Ninja Assassin star Rain trained for eight months to achieve zero body fat
World Bank warns unemployment threatens US economy
Geithner glad Japan is focusing on domestic demand
Saudi Arabia grants Pakistan $380 million loan
Asia faces new risks of overheating: Zoellick
WRAPUP 1-S.Korea data points to recovery and rate rise
China signs deals, eyes Malaysia's palm oil, timber
Sesame Street celebrates 40 years
Britney breaks silence on Aussie lip-synch row
DEALTALK-State assets could be a tough sell for S.Korea
US-ENTERTAINMENT Summary
"Lopez Tonight" debuts with strong ratings
Judge dismisses Jackson father estate bid
Ssangyong staff accused of technology leaks
Rolling Stone Ronnie Wood gets quickie divorce | Entertainment |
Judge names pair of executors for Jackson estate
Rising inflation threat seen in South Asia
Simon Cowell is top earning man on U.S. TV | Entertainment |
Judge names pair of executors for Jackson estate | Entertainment |
Rapper violates order, faces more prison time
Pablo Escobar's son apologizes in film about drug lord's crimes | Entertainment |
New George Lopez talk show overplays race angle
Indonesian police deny framing anti-graft chief
Twilight leads People's Choice nominations | Entertainment |
Judge revives Warren Beatty's Dick Tracy lawsuit | Entertainment |
Eight Eastern Europeans Charged In "Sophisticated" $9 Million ATM Thefts
Canadian Man Turns Last $10 Into $50 Million With Lotto Win
Brazil Darkened For Hours By Massive Power Failure
Ex-Astronaut In Love Triangle Gets 2-Day Sentence For Burglary, Battery
Hebrew University Debuts Lecture Series To Be Offered On Train During Morning Commute
Israeli Rabbi's Guide On The Killing Of Gentiles Causes Firestorm
Deputies In Florida Home Invasion Find Deer Is Culprit
Bottle Of Beer From Burned Hindenburg Zeppelin The Most Expensive At $8,337
Dinosaur Skull Among Nicolas Cage's Over-The-Top Purchases
Canadian Teen Survives On Ice Floe In Arctic Sea Trapped With Polar Bears
Libya repatriates hundreds of rebels to Niger: report | International |
Motorola eyes $4.5 billion home/networks unit sale: sources | Technology |
Britons among the ugliest people, dating site says | Technology |
Tyler, onstage with Perry, says not leaving Aerosmith | Entertainment |
Obama warns Afghan commitment not 'open-ended'
Israel hints at Syria opening after Sarkozy meet
Colombia takes Chavez war talk to Security Council | International |
Medvedev to set out economic reforms in speech
Churchill Downs buying YouBet.com
Brazil: Ties with Iran important to Mideast peace
Kidnapped Irish priest free, in good health: military
Microsoft's Bing teams up with WolframAlpha
Detentions raised in 'difficult' Russia, Georgia talks
Israel displays coins from ancient Jewish revolt
NATO expects more resources for Afghan training | International |
US salutes 'Mighty Mouse' who ended Fort Hood massacre
New invention addresses lithium battery fires
Spain calls for blockade of Somali pirate ports
Iran open to idea of world nuclear fuel bank
North Korea warns South it will pay for clash | International |
Al Gore's Current Media cuts 80 jobs
US takes brown pelican off endangered species list
Lack of health care killed 2,266 US veterans last year: study
Kidnapped Irish priest freed in Philippines | International |
HP to buy 3Com for 2.7 billion dollars
Europe sets down firm deficit deadlines
U.S. keeps pressure on Abbas after Netanyahu visit
AMD expects key business to turn profit in 2010
Strength of British recovery 'highly uncertain'
Is Africa selling out its farmers? | International |
Yemen rejects Iranian 'interference'
Google routes World Bank data to fact seekers
UN targets undernourishment as infant killer
India's food dilemma: high prices or shortages | International |
Britons among the "ugliest people", dating site says
EU to choose first president on Nov 19
Iraq PM warns of threat in run-up to January vote
Japan emperor says history vital as past haunts Asia | International |
Logitech buys LifeSize Comms for $405 million
Landmine 'kills eight Pakistani troops'
Iran sentences vote detainee to jail and lashes
New dinosaur discovered in S. Africa
Nokia launches 3 phones for the CDMA standard
World remembers sacrifice of WWI lost generation
ING switches into profit with restructuring
US-TECH Summary
Merkel in Paris to honour WWI dead
Nokia launches 3 phones for the CDMA standard
Pioneering cardiologist William Ganz dies in LA
Fort Hood probe spotlights Web-savvy preacher | Technology |
AP source: US envoy objects to troop increase
New invention addresses lithium battery fires | Technology |
Ga. officers: Pilot tried to hit them with plane
Teen may be victim of 1970s Houston serial killer
AMD expects key business to be profitable in 2010 | Technology |
Mrs. Obama says veterans' skills can help at home
Obama pushes for changes in Afghan strategy options
Maoists block Nepalese government's main offices
North Korea threatens South over naval clash
Relentless rains lead Va. gov to declare emergency
Freed priest says Filipino captors wanted money
Families of missing seek closure in Timor massacre
Woman attacked by chimp reveals face on 'Oprah'
Obama set to launch debut Asia mission
Shooting suspect's superiors questioned behavior
Police say Mike Tyson involved in LAX incident
N.Korea: S.Korean military will pay for sea clash
NKorea says SKorea faces consequences over clash
French envoy meets North Korea's No. 2 leader
Australia in for 'long haul', says country's PM
Fugitive ex-Thai PM set to give Cambodian lecture
Asian markets slip as rally peters out
APEC ministers plot ways to sustain recovery
Peru's Garcia: free trade deal with S.Korea near
S.Korea freezes key interest rate for 9th month
S.Korea reschedules rush hour for annual exam ritual
Seoul shares edge higher, unmoved by rate decision
"G.I. Joe" shows muscle at top of video charts
List of winners at the 43rd Annual CMA Awards
Warhol's '200 One Dollar Bills' go for $43.8 mln
S.Korea spotted buying dlr to curb won's rise
Britney Spears tells critics read my lips: it's for fans | Entertainment |
Classic rockers upgraded to key pop chart
APEC eco ministers talk plans to sustain recovery
Host Lou Dobbs leaves CNN for 'new opportunities'
Lou Dobbs leaving CNN, does not reveal plans | Entertainment |
S.Korea c.bank holds rates for 9th month
Conductor Slatkin to skip November DSO concerts
Mike Tyson arrested after L.A. airport scuffle | Entertainment |
S.Korean bond futures edge down ahead of rate vote
Harrelson vs. Harrelson at weekend box office | Entertainment |
Seoul shares up, test 1,600 ahead of rate meeting
Controversial CNN anchor Lou Dobbs quits
Ian McKellen takes act to film, TV -- and gay rights | Entertainment |
Harrelson vs. Harrelson at weekend box office
Record 20 animated films vie for Oscar | Entertainment |
Record 20 animated films vie for Oscar
Classic rockers upgraded to key pop chart | Entertainment |
G.I. Joe shows muscle at top of video charts | Entertainment |
Man Appeals $400 Billion Copyright Suit Against Bon Jovi
Scientific Evidence Sheds Light On "Chocolate Cure" For Stress
Xbox Players Of Pirated Games Banned
Man Assaults Employee With Backhoe
Academics hope history in video games spurs interest
Israel open to Syria peace talks
Abbas to accept Palestinian election delay: officials | International |
Jewish-American charged with killing Palestinians
Medvedev warns Russia opposition not to rock boat | International |
Iran calls on Russia to fulfil missile sales deal
Food summit to make little headway in war on hunger | International |
Iraq warns of more violence before elections | International |
Jewish settler charged with murdering Palestinians
Pakistan police hold 7 planning attacks in Karachi | International |
Iran calls on Russia to fulfill missile sales deal | International |
Thai crisis deepens as Thaksin finds Cambodian base | International |
Israel hints at Syria opening after Sarkozy meet
Israel open to Syria talks as Palestinians balk | International |
Analysis: US low on options in Afghanistan
Probe 'queries' shooting of ex-Taiwan president
China extends investigation of Rio Tinto employees
Group decries China's "black jails"
4-year-old RI boy's wheelchair stolen
Obama said to want revised Afghanistan options
North Korea threatens South over naval clash
Christmas tree going up in NY's Rockefeller Center
Intel to pay AMD $1.25 billion, settle all disputes | Technology |
Report: Dozens of China journalists beaten, sued
Remains of 10th person ID'd from Cleveland house
Activision says Call of Duty sets launch record | Technology |
Major Asian cities face climate disaster: WWF
Clinton urges Myanmar to free Suu Kyi
HP to buy 3Com for $3.1 billion | Technology |
3 kids die in school cafeteria collapse in China
US-Russia nuclear talks hit snag: report
Stuck Mars rover to begin moving
Afghan militants attack SKorean firm 3 times
Academics hope history in video games spurs interest | Technology |
US father, sons charged with ritual child sex abuse
Qualcomm announces multi-mode high-speed chips | Technology |
BMW to invest $735 million in China joint venture
SKorea, Peru seek to conclude free-trade deal
Motorola eyes $4.5 billion home/networks unit sale: sources | Technology |
China hints at yuan rise ahead of Obama's visit
Cell phone market fall ended in Q3: Gartner | Technology |
APEC ministers reject early end to stimulus
In Taiwan, baseball is the favourite game
BMW, Chinese partner to invest in expansion
High oil demand, price rise a threat: IEA
Visiting doctor heals children deaf from Gaza wars
AB InBev reports $1.5 billion quarterly net profit
Powerless Danish government calls for help on gang war
S.Korea's Hyosung group drops bid for Hynix
Peru slum goes cutting edge as 'fog catcher'
China's Zhang Yimou to release black comedy: report
Japanese wholesale prices down for 10th month
Modernity casts spell over magic tattoos in Cambodia
Britney Spears tells critics read my lips: it's for fans
China seeks 'fair' climate deal
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01