1. HP Gets EC Approval For 3Com Purchase

    Home - eWeekEurope.co.uk (Feb 16 2010) Networking

    1. HP Gets EC Approval For 3Com Purchase European regulators are giving their approval to HP’s $2.7 billion bid for networking equipment maker 3Com The European Commission has given its approval to Hewlett-Packard’s $2.7 billion bid to buying networking equipment maker 3Com. In a statement released on 12 Feb, the European regulators said they had concluded their investigation of the proposed deal—focusing particularly on the router and switch market—and determined that there were no antitrust concerns. “The Commission’s investigation confirmed that the merged company would continue to face a number of global and effective competitors, giving customers the choice from a range of alternative providers for switches and routers,” the EC said in a statement. (Read Full Article)

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