Merger and Acquisition

[Outofin]

Now we are witnessing the age of business mergers and acquisitions.

1. SAIC merged with NAC, creating the biggest Chinese auto company.

2. Gome, the largest electronics and appliance retailer, acquired Dazhong.

3. A Hong Kong businessman is planning to take over Rock Record 滚石唱片. This is not a profound news but I’m a little sentimental hearing about it. Just can’t imagine how much pirates have hurt the music industry!

I don't doubt more will be coming in the following years.

Edited November 1, 2009 at 03:21 AM by Outofin

[gato]

There may even be more domestic mergers in China now than those involving foreign investor.

http://big5.chinanews.com.cn:89/gate/big5/www.chinanews.cn/business/2007-12-20/42120.html

Domestic merger cases amount to US$50 bln in first 11 months

[Outofin]

Huawei gave up on 3Com today.

I don't know what "sensitive techonology" could be transferred from 3Com to Huawei by this acquisition. 3Com is a failed company. The most valuable asset it has is a joint venture with Huawei, using Huawei's technology.

[gato]

The sticking point was Tipping Point, a subsidiary of 3Com, that makes network security system.

http://www.bloomberg.com/apps/news?pid=20601103&sid=aR.1EENIrfmI&refer=news

Bain said Feb. 12 it was willing to make concessions to win government approval. A U.S. House committee is investigating the transaction after lawmakers such as Republican Senator Jon Kyl said the buyout would put 3Com's anti-hacking software into Chinese hands.

Bain told 3Com last year that it would value the company at $4.50 a share to $5 a share without the TippingPoint unit, according to a filing yesterday with the U.S. Securities and Exchange Commission. Bain, along with Huawei, agreed to buy all of 3Com for $5.30 a share.

http://www.washingtontimes.com/article/20080213/NATION/797439828/1002/NATION

TippingPoint has sold computer attack prevention systems to the Pentagon and other U.S. government agencies and is a reason the 3Com sale to Huawei has raised concerns among U.S. intelligence officials who say China could learn important vulnerabilities of U.S. networks.

http://www.theregister.co.uk/2004/12/13/3com_buys_tippingpoint/

TippingPoint's UnityOne Intrusion Prevention Systems offer automated protection against cyber attack, with technology that can scale to gigabit speeds. UnityOne protects routers, switches, DNS (Domain Name Servers) and other critical infrastructure from targeted attacks and traffic anomalies. It enables users to throttle bandwidth-throttling applications, such as Kazaa, to free resources for more important applications. ®

http://www.tippingpoint.com/resources_datasheets.html

TippingPoint Intrusion Prevention Systems Overview

TippingPoint IPS Technical Specifications

TippingPoint 50 Intrusion Prevention System

A person close to the deal said 3Com is proposing to sell its TippingPoint division that makes high-technology computer intrusion prevention equipment. "That is one division that does have advanced technology," the source said.

[Outofin]

So many business news lately.

Midea bought Little Swan. Now appliance market's five biggest players are: Haier, Midea, Hisense, Changhong, and Gree.