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HP to Buy 3Com Nov 12, 2009 |
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Hewlett-Packard Co. said it is buying the 3Com Corp. networking company for US$2.7 billion, said a Reuters report.
3Com is a former high-flyer whose business soared through the 1980s and 1990s but staggered after the dot-com meltdown. It is based in Marlborough, MA.
(Reuters)