Tech Company M&A Transactions
3Com Acquisition
3Com was acquired by Hewlett Packard Enterprise. The transaction was announced on 11/11/2009. The transaction price was $2.7 billion.
Transaction Overview
Company Name
Acquired By
Announced On
11/11/2009
Transaction Type
M&A
Amount
$2,700,000,000
M&A Terms
HP and 3Com announced that they have entered into a definitive agreement under which HP will purchase 3Com, a leading provider of networking switching, routing and security solutions, 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.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
350 Campus Dr.
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Website
Email Address
Not Recorded
Overview
Throughout our 30-year history, 3Com has been an innovator in developing networks for global enterprises of all sizes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Mao
Chief Financial Officer
Jay Zager
Executive Vice President
Neal Goldman
Executive Vice President
Shusheng Zheng
President
Ron Sege
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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