Hewlett-Packard (HP) has announced it is to buy network systems maker 3Com in a deal worth £1.6bn.
The deal is expected to be completed in the first half of 2010, subject to regulatory approval, the California-based personal computer giant said.
It added that the deal will allow the firm to combine servers, storage, networking, management and services.
“3Com has about 55% of revenue from China, which is going to expand HP’s reach into that country. That’s a positive.”
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