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+ - HP to acquire 3com for $2.7 billion

Submitted by Anonymous Coward
An anonymous reader writes "HP and 3Com Corporation (NASDAQ: COMS) (“3Com”) 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.

http://www.hp.com/hpinfo/newsroom/press/2009/091111xa.html"
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HP to acquire 3com for $2.7 billion

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