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HP To Acquire 3com For $2.7 Billion

Posted by ryuzaki0 on from the getting-bigger dept.

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."

5 of 231 comments (clear)

  1. 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.

  2. 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

  3. 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
  4. Re:Joy by McNihil · · Score: 5, Funny

    Kids, this is what happens when sniffing ether.

  5. 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!