From two articles in the New York Times: the US government is blocking a buyout of network equipment manufacturer 3Com. Cisco dominates that industry, and 3Com has never recovered from the dot-com bust earlier this decade. Dan Primack posted an article that provides additional insight into the US government’s national security concerns. Boston’s Bain Capital had teamed with Chinese manufacturer Huawei Technologies in the proposal. The Committee on Foreign Investment in the United States (Cfius) reviewed the proposal, and was concerned that the Chinese military might try to compromise 3Com’s security software unit, TippingPoint.
Tags: China, hardware, network, security, telecom, USA3Com buyout founders on national security concerns
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Posted Friday, 22 February 2008, 12:10 HST @882
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