RealTime IT News

Today's Deals: HP Adds Bluestone to its Hip Pocket

3Com + Nomadic Technologies, HealthCentral + more.com, Hewlett-Packard + Bluestone Software, Global Sports + Fogdog, PaperExchange.com + BoxDirect

 3Com (COMS) acquires Nomadic Technologies


   *  Amount:         $33 million


   *  Terms:            100% cash

   *  Premium:        n/a


   *  Industry:        Speed/Bandwidth


   *  Scorecard:      B+


    SANTA CLARA, Oct. 24--3Com announced that it has acquired Nomadic Technologies, developers of wireless networking products that 3Com will incorporate into solutions for both home and small business customers. The Nomadic Technologies acquisition builds on 3Com's strength in wireless LAN solutions for PCs by enabling connectivity for a wide variety of Ethernet-ready devices, such as Internet access appliances, printers and other non-PC devices. 3Com will pay Nomadic Technologies $33 million in cash plus the assumption of debt and other obligations.



 Hewlett-Packard (HWP) to acquire Bluestone Software