HP wraps up 3Com buy

 

Company moves forward with an eye on ProCurve.

Computing giant HP has finalised its acquisition of networking hardware vendor 3Com.

The company revealed on Monday that it had completed the process of its US$2.7bn merger deal and that 3Com would be joining forces with its ProCurve networking platform.

HP said that it would give further information on the full extent of 3Com's products, but the company said that the acquisition of 3Com would represent a significant stretch in its converged infrastructure strategy.

The program aims to give HP a presence in every part of the enterprise IT industry, from the user workstation and software level through the networking hardware and into the server and management fields.

CRN reported yesterday that HP has already started consolidating its server and networking distributors in order to take a complete solution set to market.

The completion of the deal also marks the end of an era for 3Com. Founded in 1979, the company hit its peak with sales of modems and networking hardware in the dot-com boom of the late 1990s before seeing a decline in the 21st century.

Copyright ©v3.co.uk


HP wraps up 3Com buy
 
 
 
 
 
Top Stories
The New Zealand telco problem
Opinion: Could Telstra save Kiwi telcos?
 
IT price probe to 'name and shame' gougers
Industry ducking the issue, committee claims.
 
Revealed: 2012 e-government award winners
Government highlights projects, professionals of the year.
 
Sign up to receive iTnews email bulletins
   FOLLOW US...

Latest VideosSee all videos »

Latest Comments
Polls
Should the Government enact new legislation to protect copyright holders in the digital age?

   |   View results
Yes
  19%
 
No
  81%
TOTAL VOTES: 480

Vote