June 12, 1997: 3COM, US Robotics Complete Merger
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1997 – Back in February, it was announced that US Robotics be acquired by 3Com Corporation in a $6.6 billion stock swap. This would add to 3Com’s computer networking company against Cisco as they would become the second largest networking company.
The merger did go through a series of corporate evaluations before the shareholders agreed to the merger.
Eventually, Hewlett-Packard acquired 3Com in 2010 and the companies products were merged into the HP name.
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