Posted by: Nathan Simon
Cisco, Hewlett-Packard Co., HP, hp buys 3com, Networking, Windows
Here’s some news that I am a little late on reporting, I guess better late than never. HP hopes to help 3Com become a better competitor to Cisco, Cisco currently is the networking leader.
“Hewlett-Packard Co. announced Wednesday it will purchase networking company 3Com for $2.7 billion, and also preannounced higher fiscal fourth-quarter earnings and raised its outlook for fiscal 2010.”
Check out the full story here.