{"id":5930,"date":"2007-09-28T09:44:22","date_gmt":"2007-09-28T09:44:22","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/3com-sold.html"},"modified":"2007-09-28T09:44:22","modified_gmt":"2007-09-28T09:44:22","slug":"3com-sold","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/3com-sold.html","title":{"rendered":"3COM Sold"},"content":{"rendered":"<div style=\"MARGIN: 0in 0in 0pt\"><img decoding=\"async\" hspace=\"3\" align=\"left\" vspace=\"3\" alt=\"\" src=\"http:\/\/www.cpu-distrib.com\/3com.jpg\" \/>The Wall Street Journal reported that 3COM will be <a href=\"http:\/\/internetcommunications.tmcnet.com\/topics\/broadband-mobile\/articles\/11552-huawei-ba-capital-acquire-3com-2billion.htm\">acquired<\/a> by Bain Capital and Huawei Technologies. TMC&rsquo;s Greg Galitzine has a call into 3COM for comments but what we know so far is the transaction is at $5+\/share meaning more than $2 billion. Huawei and 3COM have been business partners in the past and my impression was this relationship didn&rsquo;t result in the sales progress either company hoped for.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">Interestingly Huawei hasn&rsquo;t made a huge dent in the US as of yet and this is surprising. Then again, I recently read an article discussing the idea that Chinese automakers will be slower to enter the US market in a serious way because their home market shows so much promise. I guess even the largest companies can only focus on so many things at once.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">Perhaps this is the same situation for Huawei. The company is in the US and now with the 3COM acquisition they have a US partner to help them get to our channels of distribution. I look forward to seeing more formal announcements from Huawei\/3COM in the upcoming days and weeks.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">Also see <a href=\"http:\/\/www.forbes.com\/markets\/feeds\/afx\/2007\/09\/28\/afx4166632.html\">coverage<\/a> at Forbes.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Wall Street Journal reported that 3COM will be acquired by Bain Capital and Huawei Technologies. TMC&rsquo;s Greg Galitzine has a call into 3COM for comments but what we know so far is the transaction is at $5+\/share meaning more than $2 billion. Huawei and 3COM have been business partners in the past and my<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[179,180,202,172,215,199,188,198,156,189,118,177,190,191],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/5930"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=5930"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/5930\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=5930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=5930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=5930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}