H-P to acquire 3Com for $2.7 billion - MarketWatch
Hewlett-Packard Co. /quotes/comstock/13*!hpq/quotes/nls/hpq (HPQ 49.62, -0.38, -0.76%) on Thursday said it would acquire 3Com Corp. /quotes/comstock/15*!coms/quotes/nls/coms (COMS 7.66, +1.97, +34.62%) for $2.7 billion, or $7.90 a share. H-P said it was making the acquisition to "transform the networking industry and underscore H-P's next-generation data center strategy."
via marketwatch.com
