Top 20 Tech and Channel Trends of 2009
7. Hewlett-Packard Buys 3Com
Cisco’s Unified Computing Systems (UCS) announcement did more than make a big splash, but also pitted the networking giant against many of its vendor allies – most notably Hewlett-Packard. HP didn’t take the news lying down; it responded by beefing up its ProCurve networking gear business – which is the second largest networking vendor by volume and sells more Cisco core infrastructure hardware than it does its own product. HP’s $2.7 billion acquisition of ailing 3Com bolstered its networking portfolio and put it in a much stronger position to counter Cisco not only in data networking, but voice communications and security. It’s one of the blockbuster deals of 2009 that will have reverberations for years to come.