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HP Raises Stakes in Networking Game With 3Com Play
HP has been trying to muscle into Cisco's turf with its ProCurve line of networking gear, which has been growing but is still a very small part of HP's business. Adding 3Com beefs up HP's networking offerings and gives it a bigger presence in China.
H-P to Acquire 3Com for $2.7 Billion
Hewlett-Packard Co. said it agreed to buy networking-gear maker 3Com Corp. for $2.7 billion in cash, the latest move by H-P to bulk up its product line amid a broader push by the few remaining technology giants to turn themselves into one-stop shops for corporate customers.
HP and 3Com: It's All About the Core
It's hard to look at a deal the like Hewlett-Packard's $2.7 billion buyout of 3Com outside the lens of the major corporate-industrial machinations that are driving the data center sector right now. And clearly, this one will have a significant impact on the fortunes of not only HP and 3Com, but Cisco, Brocade, IBM and countless others.
3Com acquisition confirms HP-Cisco battle for China
Hewlett-Packard's 3Com acquisition may pose the most serious threat Cisco has ever faced in the enterprise networking market, heightening the HP-Cisco battle…On the technology front, the company would have what executives called an "edge-to-core" portfolio, complete with data center servers to take on Cisco.
HP Buys 3Com for $2.7B in Major Networking Play
HP (NYSE: HPQ) said today it plans to buy networking player 3Com in a $2.7 billion deal that aims to turn the hardware giant into a forced to be reckoned with in networking…The move looks to buttress HP's own expansive role in the enterprise datacenter with 3Com's networking switching, routing and TippingPoint network security solutions.
HP acquires networking vendor 3Com
The acquisition will also give HP access to a research and development team and strong sales channels in China, where 3Com operates the H3C subsidiary it originally formed as a joint venture with Huawei Technologies. The deal would also bring in 3Com's TippingPoint line of intrusion prevention products.
HP to Buy 3Com for $2.7B
The move will put HP in a strong position to compete with Cisco Systems in the increasingly competitive networking space, and also will help HP build its unified communications and collaboration capabilities, said Steve Schuchart, an analyst with Current Analysis.
HP agrees to buy 3Com for $2.7B
In announcing this deal, HP officials cited how 3Com's tools can add to HP's newly developed architecture, its "converged infrastructure" intended to integrate, standardize and virtualize as much as the data center, including servers, storage and I/O, as possible. HP's acquisition may also sharpen the fight with Cisco...
HP buying 3Com in $2.7 billion blockbuster
3Com recently re-entered the North America large enterprise switching stage after years of focusing on China. The company boasts a wide array of switching platforms – from workgroup, to wiring closet edge to deep data center core – after acquiring the whole of a joint venture it had with Huawei called H3C. HP, meanwhile, has been lacking a core data center switch for some time.
HP to Buy 3Com in Networking, Data Center Bid
Hewlett-Packard has agreed to buy 3Com for about US$2.7 billion, pushing forward the giant IT vendor's strategy for combining computing, storage, services and networking under one roof. 3Com will add to HP's Ethernet switching portfolio, which is already a growing competitor to Cisco Systems...
HP Takes Gloves Off In Fight With Cisco With Plan To Acquire 3Com
With the purchase, HP will be able to extend its networking business beyond its current ProCurve line with an extensive new line of Ethernet switch and router solutions.
