HP's 3Com acquisition finalised

Vendor can now integrate product range and continue pushing into China

HP’s acquisition of 3Com is now complete, freeing the vendor to begin integrating 3Com’s network switching, routing and security solutions with its existing ProCurve solutions.

The acquisition, announced in November and priced at $US2.7 billion, also expands HP’s Ethernet switching offerings, adds routing solutions and significantly strengthens the HP’s position in China.

The finalisation of the acquisition is in line with guidance given in November that the deal was expected to close in the first half of calendar 2010.

At the time of announcing the deal, HP said the deal would underscore its next-generation data centre strategy.

“The transformational combination creates an IT company that can deliver a complete solution built on industry standards and innovative technology through the convergence of servers, storage, networking, management, facilities and services,” an HP Australia spokesperson told Computerworld in November.

“By acquiring 3Com, we are accelerating the execution of our Converged Infrastructure strategy and bringing disruptive change to the networking industry.”

Since November, 3Com appointed Angela Hughes as its country manager across Australia and New Zealand.

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Tags HP3ComNetworkingMergers and acquisitions

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