Archive for November 12, 2009

HP Acquires 3Com for $2.7 Billion

Posted: November 12, 2009 in Tech

HP and 3Com Corporation announced that they have entered into a definitive agreement under which HP will purchase 3Com, 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.