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Mar 27, 1986 · In over-the-counter trading today, Convergent shares closed at $9.50, down 62.5 cents, while 3Com shares closed at $9.75, down 50 cents. Although an effort was made to renegotiate the share ...
Mar 21, 2008 · March 21, 2008, 03:47 PM EDT. Approving the failed deal allows 3Com to aggressively pursue a $66 million termination fee since Bain backed out of the buyout agreement that would've made 3Com a ...
3Com Ethernet / modem PCMCIA card, inserted into a ThinkPad 760. In 1997, 3Com merged with USRobotics (USR), a maker of dial-up modems, and owner of Palm, Inc. USRobotics was known for its Sportster line of consumer-oriented modems, as well as its Courier business-class modem line. This merger spelled the beginning of the end of 3Com.
Mar 25, 2008 · Networking vendor 3Com will chase private equity firm Bain Capital Partners for a US$66 million merger break-up fee after its proposed suitor pulled the plug on their merger deal late last week ...
- Brett Winterford
Sep 28, 2007 · 3Com networking. 3Com said early Friday that it has reached an agreement to be acquired by the two companies for $2.2 billion.Huawei will acquire a minority stake in 3Com as a result of the deal. ...
Mar 2, 2022 · Nothing good happened to 3Com after that. It took 3 years for Cisco to go from being 90% the size of 3Com to double the size of 3Com. The profitability of selling network adapters dropped. And by the time 3Com realized they needed to get back into network equipment, it was an expensive proposition.
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Jun 12, 2024 · 3Com limped into the 21st century rather than exploding into it, and became an acquisition target. A planned acquisition by Bain Capital failed in 2008 because Huawei was involved in it, raising regulatory concerns. HP bought 3Com on November 11, 2009 for $2.7 billion, not even 32 percent of what 3Com had paid for US Robotics.
