3Com to sell modem, networking lines in bid for growth

Article Abstract:

3Com Corp. announced a major restructuring in an effort to increase revenue while reducing in size. The maker of computer networking equipment, second-largest to Cisco Systems Inc., will stop making network equipment for large businesses, currently 45% of its income, and focus on small and medium businesses instead. Additionally, 3Com will divest itself of its modem unit and give up the U.S. Robotics name to a joint venture out of Taiwan and Singapore. 3Com also announced that it has acquired Call Technologies Inc. and invested in CAIS Internet Inc., companies specializing in offering Internet connect equipment and services.

Taiwan, Prepackaged software, Software Publishers, Telegraph & other communications, Singapore, Communication Software Pkgs, Network management systems, Computer software industry, Software industry, Finance, Internet service providers, E-mail, Email, 3Com Corp., COMS, Telecommunications software, Voice communications software, Fax software, Accton Technology Corp., NatSteel Electronics Ltd., Call Technologies Inc., CAIS Internet Inc.

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Clayton Dubilier and Cisco to buy 81% of Italtel

Article Abstract:

Clayton, Dubilier & Rice, Cisco Systems, Advent International and Brera Capital have teamed up to buy 81% of Italtel from Telecom Italia. Clayton, Dubilier paid about $761 million for 50.1% of the Italian telecommunications equipment company and will soon plan for an initial public offering. Cisco and Italtel have teamed up for 4 years and the investment will give the U.S. company more distribution power in Europe.

Italy, Telecommunications, Telephone Communication, Communications Equipment, Telecommunications Equipment, Communications Equipment Manufacturing, Investment Offices, Investment Companies, Open-End Investment Funds, Telecommunications services industry, Telecommunications industry, Telecommunications equipment industry, Telecommunications systems, Securities, Telecom Italia S.p.A., Italtel S.p.A., Clayton, Dubilier & Rice Inc.

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Cisco to acquire networking firm Cerent; deal for $6.9 billion in stock reflects power of Web over firms' valuations

Article Abstract:

Cisco Systems Inc. has acquired Cerent Corp. for a record price of $6.9 billion in stock. The price is somewhat shocking in light of the fact that Cerent has not yet turned a profit. However, Cisco is looking to the future of Internet communications and believes that Cerent's technology will assist them with their optical networking technology.

Asset sales & divestitures, Short Story, Cerent Corp.

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