HP today announced it has completed its acquisition of 3Com Corporation at a price of $7.90 per share in cash or an enterprise value of approximately $2.7 billion. HP will integrate 3Com’s network switching, routing and security solutions with its existing HP ProCurve solutions, creating a comprehensive portfolio for customers. Combined with HP’s global reach, the expanded portfolio solidifies HP’s Converged Infrastructure strategy, which is built on the integration of ...
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