Wednesday, November 11, 2009
Hewlett-Packard will acquire 3Com Corp..Who's Next?
Hewlett-Packard will acquire 3Com Corp. in a deal valued at $2.7 billion. The purchase of the maker of computer networking systems will help expand HP's switching operations and strengthen its position in China.
Since Cisco's earnings report and CEO John Chamber's "giddy" attitude and bullish outlook...this sector is primed to rally!
So...is IBM set to buy other net systems? If so WHO?
Juniper, Brocade, Broadcom???
These stocks are trading down in after hours trading, maybe worth a look.
*click chart to expand image
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