18 April 2010
HP announced Sunday that it has completed its acquisition of 3Com Corporation at a price of $7.90 per share for a total of approximately $2.7 billion, according to a statement from its Egypt office.
HP will integrate 3Com's network switching, routing and security solutions with its existing HP ProCurve solutions, the statement read.
"The acquisition of 3Com expands HP's Ethernet switching offerings and adds routing solutions ...3Com also brings to HP network security capabilities through its TippingPoint portfolio," the statement read.
HP announced Sunday that it has completed its acquisition of 3Com Corporation at a price of $7.90 per share for a total of approximately $2.7 billion, according to a statement from its Egypt office.
HP will integrate 3Com's network switching, routing and security solutions with its existing HP ProCurve solutions, the statement read.
"The acquisition of 3Com expands HP's Ethernet switching offerings and adds routing solutions ...3Com also brings to HP network security capabilities through its TippingPoint portfolio," the statement read.
© Daily News Egypt 2010
