Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 20 July 2007 15:18

3Com to go private

Written by David Stellmack

Image

Private investors in hot pursuit


Taking a company public used to be the most sought after business goal.  Now, taking a public company back to its private status seems to be the latest trend. 3Com, a Salt Lake City, Utah network communications equipment developer and manufacturer, is reportedly the latest company being heavily courted by private equity interests. 

Recent reports in the The Wall Street Journal indicate that 3Com has met with both Bain Capital and Silver Lake Partners to discuss a potential buyout. (Silver Lake Partners just recently bought Avaya for $8.2 billion and took it private.)  Rumors also are circulating that Nortel Networks is talking with 3Com about a buyout.

3Com set up a joint venture with Huawei Technologies Co. Ltd, a Chinese telecommunications equipment maker known as H3C Technologies Co., Ltd., and has recently acquired all of the shares of this joint venture for $882 million.

As we reported earlier this week, 3Com has been considering moving its manufacturing to China and has acquired 2,400 R & D engineers employed by H3C as part of the deal.

Last modified on Friday, 20 July 2007 18:09

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments