Feb 20 2008
Bain/Huawei/3Com Deal Dropped
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.

