Feb 20 2008

Bain/Huawei/3Com Deal Dropped

Published by at 9:53 pm under Uncategorized

No big surprise here.  The PRC based company Huawei which has alleged ties to the PLA was preparing to partner with Bain Capital to buy a majority 16% stake in 3Com that would give them a board position.  There was some concern that this deal would give Huawei access to Tippingpoint, a 3Com subsidiary that makes IPS appliances used in .gov and .mil space.  

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