3Com to Buy TippingPoint Technologies
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3Com Corp. COMS.O said on Monday it  would buy network security products maker TippingPoint  Technologies Inc. TPTI.O for about $430 million, as 3Com  expands its telecommunications equipment offerings to compete  better for large corporate customers.
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BROOMFIELD, Colo. (Dow Jones/AP) -- Level 3 Communications Inc. said Friday it agreed to buy the wholesale dial-up Internet access business of Sprint Corp.
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Oracle has agreed to acquire business intelligence software vendor Hyperion for $3.3 billion
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Mexico&#39;s Cemex, the world&#39;s third-largest cement maker, is to buy RMC Group for around 2.3 billion pounds in cash. RMC RMC.
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Palo Alto-based Hewlett-Packard Co. has bought IT services company Synstar plc, of Bracknell, England for about $293.3 million. Synstar has some 1,500 customers across Europe, selling IT support for various computer platforms.
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The chip giant has announced plans to buy a developer of digital-media creation software and services.
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Motorola said it plans to buy Symbol Technologies for $3.9 billion and make the acquired company &#8220;the cornerstone&#8221; of its enterprise business for mobile and wireless technologies.
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Global Tower Partners, a U.S. wireless  tower operator, is to be bought by a consortium of  infrastructure funds managed by members of Australia&#39;s  Macquarie Group.
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(InfoWorld) - Broadcom Corp., one of networking's biggest chip makers, is buying a vendor of production-ready software for network gear. LVL7 Systems Inc. sells software that runs switches and routers for small and medium-sized businesses (SMBs). By delivering that software to OEMs (original equipment manufacturers) and ODMs (original design manufacturers) and integrating and testing it with their products, LVL7 cuts development costs and time to market. Broadcom will pay about US$62 million in cash for LVL7, based in Research Triangle Park, North Carolina. The deal, announced Wednesday, has been approved by both companies' boards and LVL7 shareholders, and it should close by the end of the year, according to the companies. Broadcom supplies various chips to some of the biggest names in networking, including Cisco Systems Inc., Nortel Networks Corp., Hewlett-Packard Co. and Motorola Inc. LVL7 will let it deliver a complete package of hardware and software to vendors making SMB equipment, helping them more quickly bring out new products and enter new technology areas, such as wireless LAN switching, according to the companies. LVL7 said Broadcom has been a partner for several years. LVL7, founded in 1999, has about 170 employees split between Research Triangle Park and Hyderabad, India. They will become Broadcom employees and remain in those locations, said Broadcom spokeswoman Gennis Lafayette.
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Intuit's move to acquire financial services vendor Digital InsightÂ this week, Â and 3Com Corp.'s deal to buy out Huawei Technologies Co. Ltd's stake in their joint venture are signs that mergers and acquisitions activity continues unabated. The question is what this means for technology generally.
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Communications equipment maker 3Com  Corp  has struck a deal to be bought by China&#39;s Huawei  Technologies  and private equity firm Bain Capital for  more than $2 billion, The Wall Street Journal reported on  Friday.
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Verizon Wireless said today that it will pay $3 billion in cash for all the spectrum licenses owned by NextWave Telecom to expand coverage for new subscribers.
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The deal will add TippingPoint's UnityOne line of network-based intrusion-prevention system hardware and software to 3Com's stable of enterprise security products.
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3Com Corp has unveiled an initiative that positions the routers and switches from its now fully owned H3C subsidiary in China as platforms for the delivery of third-party commercial and open source apps in Linux-based modules.
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3Com Corp. , a maker of switches for corporate data networks, and PC-Tel Inc. agreed to end patent-infringement lawsuits. Each agreed to license the other's modem-related patents that were part of the litigation, which began in March 2003. PC-Tel also will supply wireless software and antennas to 3Com. PC-Tel will record as revenue during this quarter $3.2 million it had ...
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(InfoWorld) - Intuit's move to acquire financial services vendor Digital InsightÂ this week, Â and 3Com Corp.'s deal to buy out Huawei Technologies Co. Ltd's stake in their joint venture are signs that mergers and acquisitions activity continues unabated. The question is what this means for technology generally. M&A activity is being seen as a healthy sign for technology. Mergers and acquisitions, however, can be a sign of consolidation in a mature market sector with slowing demand -- in cases where there are too many suppliers for aging technology. Or it can be a sign of a vital, competitive sector and positive macroeconomic conditions such as a liberal lending environment and a healthy stock market. In terms of transactions, 2006 is expected to yield 3,945 M&A deals, up from 3,455 in 2005 and the highest number ever, according to Eric Gebaide, managing director of Investment Advisors, a New York investment firm. The M&A market is more global than ever, according to Investment Advisors, which calculates that in terms of transactions, U.S. deals will account for 53.9 percent of all M&A activity in 2006, down from 57.9 percent in 2005. In the Internet market, M&A activity is a sign of a vibrant sector. October's announcement that Google Inc. would buy the video-sharing site YouTube Inc. in a $1.65 billion deal underscored competition to jump on exciting trends revolving around how Web sites are adopting technology that allows for user-generated content. Tuesday's announcement that 3Com would pay $882 million to buy out Huawei's stake in Huawei-3Com was met with some trepidation. Shares (COMS) closed Wednesday at $4.02, down $0.47 for the day. Much of the concerns centered around the fear that 3Com will find it tough to hang on to the local Chinese management talent, and that it's hard to analyze whether 3Com is spending too much. Local regulations and the companies' prior agreements allowed financial details to remain undisclosed. Brokerage Bear Stearns downgraded 3Com stock from "outperform" to "peer perform." But other analysts were more upbeat. The joint venture is a high-end manufacturing facility in the bustling technology center of Shenzhen. It connects 3Com with an operation that can make products for the upper end of the enterprise arena at reasonable cost, according to Citigroup. Thursday, 3Com shares started climbing back up. Meanwhile, the financial-services sector has been consolidating, but Intuit's $1.35 billion deal to buy Web financial services outsourcer Digital Insight stirred things up to the benefit of at least some companies in that market. In afternoon trading, Intuit (INTU) slipped by $0.24 to $31.65, but that was to be expected: in the short term the acquisition will have a negative effect on profit. Digital Insight (DGIN), however, jumped $5.17 in afternoon trading to $38.17, and Online Resources rose by $0.53 to $10.66 in afternoon trading. For next year, Intuit expects the deal to add to profits. It is a mistake to paint the M&A scene with too broad a brush. But as the year draws to a close, the deals, taken sector by sector, point toward a general, healthy optimism in technology. Â
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Cisco Systems is buying IP-service control vendor P-Cube in a deal valued at $200 million. P-Cube&#39;s products help service providers identify subscribers, classify applications, improve service performance and charge for multiple IP services.