Story image

HP completes 3Com acquisition

13 Apr 2010

The acquisition of 3Com Corporation has been completed at an enterprise value of approximately US$2.7 billion.

According to HP it will now integrate 3Com's network switching, routing and security solutions with its existing HP ProCurve solutions, creating “a comprehensive portfolio for customers”. The newly expanded portfolio “solidifies HP’s Converged Infrastructure” strategy which the firm says is built on the integration of servers, storage, networking, management, facilities and services.

HP said in a statement today, “With this integration, customers will be able to simplify their networks, deploy an edge-to-core network fabric for the enterprise and improve IT service delivery capabilities.”

The acquisition of 3Com also expands HP’s Ethernet switching offerings, adds routing solutions and significantly strengthens the company’s position in China, it added.

“3Com also brings to HP network security capabilities through its TippingPoint portfolio. Together, HP is able to deliver one of the broadest network technology capabilities in the market to meet customer needs well into the future,” the company said.

3Com told IT Brief, “HP's acquisition of 3Com creates a global networking leader and accelerates the company's ability to deliver its Converged Infrastructure Strategy.”

Hewlett-Packard entered into the agreement to buy 3Com last November. You can read our original story here.

Edge computing market to provide ‘lucrative opportunities’
The market is set to skyrocket in the coming years, paving the way for emerging market players.
Opinion: 3 ways cloud & colocation providers can use renewables
Schneider Electric’s John Powers discusses the renewable revolution that is underway and how providers can jump on board.
Former CBRE data centre head joins EkkoSense board
Data centre expert Mark Acton will be strengthening the board as a non-executive director.
$50b modular data centre market driven by edge computing
Findings from a new research report have been released by Global Market Insights that show a burgeoning market.
Telia Carrier launches new PoP in SUPERNAP Italia data centre
Today Telia Carrier announced a new Cloud Connect PoP in the SUPERNAP Italia data centre near Milan, Italy.
Verizon makes major step towards Multi-Access Edge Compute
In a trial environment in California, the wireless provider achieved full virtualisation of baseband functions.
Interview: Edge computing - the force powering hyperconverged infrastructure
Scale Computing CEO Jeff Ready talks offerings, plans for the future, and a look as edge computing as the next tech innovation.
Symantec, Ixia combine efforts to secure hybrid networks
Ixia’s CloudLens and Symantec Security Analytics now feature complete integration, which allows Symantec customers to gain real-time visibility into their hybrid cloud environments.