HP to Acquire 3Com for $2.7 Billion (Business Wire)

PALO ALTO, Calif. MARLBOROUGH, Mass.----HP and 3Com Corporation today 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.