{"id":6577,"date":"2008-02-29T15:34:28","date_gmt":"2008-02-29T15:34:28","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/bain-and-huawei-resubmit-bid.html"},"modified":"2008-02-29T15:34:28","modified_gmt":"2008-02-29T15:34:28","slug":"bain-and-huawei-resubmit-bid","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/bain-and-huawei-resubmit-bid.html","title":{"rendered":"Bain and Huawei Resubmit Bid"},"content":{"rendered":"<p>Bain and Huawei are changing their bid for 3COM in a manner that does not change the financial elements of the deal but it minimizes Huawei&#8217;s access to certain Ethernet technologies.<\/p>\n<p>Last week, the parties pulled their application with the Committee on Foreign  Investment in the U.S., or CFIUS, a 12-agency government panel amid concerns it  would be rejected. A number of members of Congress had expressed concern about  the security implications of allowing a Chinese-owned entity to exercise  influence over the technology company.<\/p>\n<p>If this transaction does go through, I believe it will increase the number of Chinese companies investing in US-based companies.<\/p>\n<p>This may lead to more consolidation in the market but just as important, it is possible the Chinese will have the deep pockets needed to help grow a number of US-based technology companies at a time when capital may be more difficult to come by.<\/p>\n<p>More from the <a href=\"http:\/\/www.tmcnet.com\/usubmit\/2008\/02\/29\/3300554.htm\">AP <\/a>and <a href=\"http:\/\/online.wsj.com\/article\/SB120424750071401655.html?mod=rss_whats_news_technology\">Wall Street Journal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bain and Huawei are changing their bid for 3COM in a manner that does not change the financial elements of the deal but it minimizes Huawei&#8217;s access to certain Ethernet technologies. Last week, the parties pulled their application with the Committee on Foreign Investment in the U.S., or CFIUS, a 12-agency government panel amid concerns<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[168,171,179,180,202,199,188,198,156,189,118,177,190,191,175],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6577"}],"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=6577"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6577\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=6577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=6577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=6577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}