M&A Deal Summary

HP Acquires 3Com

On April 12, 2010, HP acquired technology hardware company 3Com for 2.7B USD

Acquisition Highlights
  • This is HP’s 17th transaction in the Technology Hardware sector.
  • This is HP’s 7th largest (disclosed) transaction.
  • This is HP’s 61st transaction in the United States.
  • This is HP’s 7th transaction in Massachusetts.

M&A Deal Summary
Date 2010-04-12
Target 3Com
Sector Technology Hardware
Buyer(s) HP
Deal Type Add-on Acquisition
Deal Value 2.7B USD
Advisor(s) Goldman Sachs (Financial)

Target

3Com

Marlborough, Massachusetts, United States
3Com Corporation is an enterprise networking solutions provider. 3Com has three global brands – H3C, 3Com and TippingPoint – that offer high-performance networking and security solutions to enterprises large and small. The H3C enterprise networking portfolio – a market leader in China – includes products that span from the data center to the edge of the network, while TippingPoint network-based intrusion prevention systems and network access control solutions deliver in-depth, no-compromise application, infrastructure and performance protection.

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Buyer(S) 1

Buyer

HP

Palo Alto, California, United States
Category Company
Founded 1939
Sector Technology Hardware
Employees58,000
Revenue 53.7B USD (2023)
DESCRIPTION
HP's corporate headquarters in Palo Alto, California.
HP's corporate headquarters in Palo Alto, California.

HP is the hardware successor to Hewlett-Packard Company. HP focuses on providing hardware, printers, and personal computing products. HP was founded in 1939 and is based in Palo Alto, California.

DEAL STATS #
Overall 75 of 96
Sector (Technology Hardware) 17 of 22
Type (Add-on Acquisition) 68 of 87
State (Massachusetts) 7 of 8
Country (United States) 61 of 76
Year (2010) 1 of 7
Size (of disclosed) 7 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-17 IBRIX

Billerica, Massachusetts, United States

Ibrix Inc., a privately-held maker of clustered file system software used for creating large, highly available network attached storage architectures.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-28 Palm

Sunnyvale, California, United States

Palm, Inc. is a provider of mobile devices that enable users to access and share any information, anywhere. Palm has been a pioneer in mobile since its inception, with such innovations as the PalmPilot™ (the most successful PDA in history), Graffiti™ (a simplified alphabet to input letters into the PalmPilot), and Palm® webOS™ (the first operating system built exclusively for mobile use).

Buy $1.2B
Mergr

Product

Company

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