HP Purchasing 3COM

Photo of author

Tim Higgins

HP and 3Com today announced that HP will purchase 3Com in a deal worth $2.7 B.

The acquisition expands HP’s Ethernet switch product line, adds routing solutions and should strengthen HP’s position in China via 3COM’s H3C products. H3C is a 3COM division that formerly was a joint venture with Huawei.

Also added to HP’s network product portfolio are 3COM’s TippingPoint network security products.

The deal is expected to close in the first half of calendar 2010.

Related posts

Cisco Adds Small-Biz Switches, VPN Router, More

Cisco today announced new switch, VPN router and NAS cloud storage small business products.

NETGEAR adds lifetime warranty for biz-class products

NETGEAR today announced that its ProSafe line of business class networking solutions now comes standard with a lifetime hardware warranty. ...

NETGEAR Shipping Affordable 10G Switch

NETGEAR has announced a 10 Gigabit smart switch.