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(NASDAQ:COMS) (NASDAQ:HPQ)
HP Acquires 3Com For $2.7 Billion
Posted on Wednesday, Nov 11th
There were several options for HP to combat Cisco in the networking arena, including Brocade and Polycom. It looks as though they have chosen to go after Cisco front and center by acquiring 3Com. The latter has done a marvelous turnaround in the past three years. The stock has moved steadily up, and now HP
