WSJ: 3Com to Announce Sale to Huawei, Bain Capital

Greg Galitzine : Greg Galitzine's VoIP Authority Blog
Greg Galitzine

WSJ: 3Com to Announce Sale to Huawei, Bain Capital

The Wall Street Journal is reporting that 3Com Corp. is set to announce its own acquisition by Bain Capital and Huawei Technologies for more than $2 billion.
 
According to the report, the cash deal values Marlborough, Mass.-based 3Com at more than $5 a share, the person said. Huawei Technologies, the Chinese networking giant, will take a minority stake in 3Com as part of the deal.


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