HUAWEI & BAIN FAILED IN ACQUISITION OF 3COM
AsiaInfo Services, February, 2008
AsiaInfo Services 02-22-2008 Huawei & Bain Failed in Acquisition of 3Com BEIJING, Feb 22, 2008 (SinoCast via COMTEX) -- The acquisition of network-based intrusion prevention system provider 3Com Corp. (Nasdaq: COMS), jointly by the Chinese telecommunications equipment provider Huawei Technologies Co., Ltd.
and the global private investment firm Bain Capital Partners LLC, failed. Bain withdrew the acquisition application to the Committee on Foreign Investment in the United States (CFIUS) On February 20, 2008. The move dedicated that the deal did not gain regulatory approval. The main reason for the disapproval is that TippingPoint, a major network security service provider for the US government and the US military, is a wholly owned arm under 3Com. Meanwhile,...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
