Euro-commission approves HP and 3Com transaction
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POSTER: computer news || EURO-COMMISSION APPROVES HP AND 3COM TRANSACTION |
DATE:2010-02-15 |
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During November last year the most important American computers' producer, HP company, declared about its plans with respect to the 3Com acquisition - one of the oldest producers of telecommunication equipment. The sum of transaction must compose $2.7 billion as absorption, which influences competition in some market segment, this transaction must be approved by anti monopolistic organs of those regions, where both companies realize their production. Last Friday Euro-commission reported that did not find obstacles for the approval of transaction between HP and 3Com. In the opinion of European antimonopolistic, HP and 3Com association will not have an essential effect on competition in the segment of telecommunication equipment. Transaction must be completed to June this year. Meanwhile transaction must obtain approval from the side of the China's commerce ministry. Specifically, in this region 3Com position are strong - company obtains there more than half of yearly gain. The authorities of China could harbor offense to the American associates, since those did not approve in 2008 transactions on the acquisition of 3Com by the Chinese company huawei technologies, justifying the failure by the considerations of national security. | ||
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EURO-COMMISSION APPROVES HP AND 3COM TRANSACTION |
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Euro-commission approves the transaction between Intel and McAfee (2011-01-27)
Euro-commission approves HP and 3Com transaction (2010-02-15)
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