Featured Articles

IDC says PC market is rebounding

IDC says PC market is rebounding

Research firm IDC has published its latest report into the state of the PC market and while there are some signs…

More...
TSMC steps up development of 10nm process

TSMC steps up development of 10nm process

TSMC, the world’s biggest chip foundry for hire, has reportedly stepped up development of its 10nm manufacturing process.

More...
Broadwell 14nm desktop comes late in Q2 2015

Broadwell 14nm desktop comes late in Q2 2015

A while ago we mentioned that Broadwell won’t show up in the desktop space this year and we got it right.…

More...
AMD A8-7600 Kaveri APU reviewed

AMD A8-7600 Kaveri APU reviewed

Today we'll take a closer look at AMD's A8-7600 APU Kaveri APU, more specifically we'll examine the GPU performance you can…

More...
EVGA GTX 780 Classified reviewed

EVGA GTX 780 Classified reviewed

The EVGA GTX 780 Classified has been dethroned as the company’s fastest non-Titan card following the introduction of the GTX 780…

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