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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."

15 of 231 comments (clear)

  1. Re:No, Compaq bought 3Com by MrEricSir · · Score: 2, Funny

    Next on her agenda: governor California.

    Oh well, if she splits California in two it might not be a bad thing. Unless one of them winds up like Agilent.

    --
    There's no -1 for "I don't get it."
  2. Re:FU HP by raftpeople · · Score: 5, Funny

    It's all about budgeting. They put in a line item for 2.7B acquisition, whereas you did not put in a line item for paper plates and spoons. Next time be more aggressive and the company picnic should be a little less messy.

  3. Re:Joy by fuzzyfuzzyfungus · · Score: 4, Funny

    Just you wait, my boy, just you wait...

    The ether cartridge that comes with the NIC is just a starter, it'll run out within a few hundred thousand packets(less if the packets contain more than ~50% 1s). Of course, only genuine HP ether is supported, for best possible data fidelity

  4. Re:I was recently wondering... by H0p313ss · · Score: 4, Funny

    *breaks down sobbing*

    I need a hug!

    PTSD or nostalgia?

    --
    XML is a known as a key material required to create SMD: Software of Mass Destruction
  5. Re:Awkward by Anonymous Coward · · Score: 1, Funny

    This comment is so well-written, I can just envision the comic book version of it...

  6. Re:Joy by McNihil · · Score: 5, Funny

    Kids, this is what happens when sniffing ether.

  7. Maybe HP is for real... by voss · · Score: 4, Funny

    Adding 3com networking know-how to HP computing products may actually produce better products?
    Hey it could happen!

  8. That name is getting clunky fast. by sootman · · Score: 2, Funny

    3ComHPaq?

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  9. Re:I was recently wondering... by ColdWetDog · · Score: 3, Funny

    Banyan Vines ....

    Now, that's a name I've not heard in a long time... A long time.

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    Faster! Faster! Faster would be better!
  10. Re:Awkward by khallow · · Score: 2, Funny

    Yeah, I'm not impressed with 2 billion billable downloads either....

    I don't want to be rude, but that has nothing to do with what I wrote.

  11. Re:I was recently wondering... by Leebert · · Score: 3, Funny

    PCI appeared, and with that the 3c905 and 3c900. Their primary distinguishing feature was that the actual chip used on the card changed every few months requiring a new driver without a change in product number.

    Don Becker came one time to do a demo at work. He brought a stack of CDs to clusterify a bunch of PCs (I don't remember exactly what he was trying to accomplish, to be honest. It's long enough ago that it's fuzzy)

    Anyhow, when his CDs booted, they didn't recognize the revision of the 905's in the machines. I always got a kick out of seeing Becker himself get bitten by that. Made me feel a little better about running into problems myself.

  12. Re:I was recently wondering... by davester666 · · Score: 3, Funny

    No Vista driver because the card doesn't support the HD DRM requirement for the ability check that you haven't physically modified the card in the last 1/30th of a second...

    --
    Sleep your way to a whiter smile...date a dentist!
  13. Re:I was recently wondering... by msouth · · Score: 3, Funny

    In the world of computers it's usually a bit of both.

    Stockholm ptsd--when you can't distinguish it from nostalgia.

    --
    Liberty uber alles.
  14. Re:Awkward by Anonymous Coward · · Score: 1, Funny

    Cheers to symbolset for somehow pandering to mac downsies in an enterprise networking story.

  15. The revenge of the fallen by Anonymous Coward · · Score: 1, Funny

    ...it's the ghost of 100VG laughing from it's grave!