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Major technology companies seem to be launching multibillion-dollar acquisitions every other week, and those who don't join the race may be at risk of getting run over.

Hewlett-Packard Co's $3.1 billion play for 3Com Corp will help the technology giant expand its product portfolio amid rapid industry consolidation -- and few think HP is done shopping.

Hewlett-Packard Co is making a move into the network equipment market by striking a $3.1 billion deal for 3Com Corp, in a major challenge to Cisco Systems Inc.

Hewlett-Packard Co on Wednesday announced preliminary results for the fourth quarter 2009 and besides its acquisition of 3Com Corp for $2.7 billion. The company also raised its outlook for fiscal 2010.

Shares of 3Com Corp soared more than 35 percent in extended trading on Wednesday after Hewlett-Packard Co agreed to acquire the networking solutions provider for $2.7 billion, while HP shares slipped 0.7 percent to $49.65.

US based personal computer maker Hewlett-Packard announced Wednesday it is acquiring 3Com. This acquisition deal is worth $ 2.7 billion, or $7.90 a share.

Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.

Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.

Former Hewlett-Packard Co chief and Silicon Valley star Carly Fiorina said on Wednesday that she would run as a Republican candidate for the U.S. Senate from California, taking on liberal Democrat Barbara Boxer.

The founder of online encyclopedia Wikipedia said on Wednesday he had entered into a partnership with computer company Hewlett Packard that will allow users to create and print magazines.

Brocade Communications Systems Inc has put itself on the block and Hewlett-Packard Co is one of the companies that could be interested in buying the network equipment maker, people familiar with the matter said.

Hewlett-Packard Co may get acquisitive again despite its recent absence from the technology sector's M&A scene, analysts said, and Brocade Communications Systems Inc may a prime target.

Hewlett-Packard Co is considering a plan to reorganize the company and combine its printer and personal computer units, the Wall Street Journal reported on Tuesday.

Hewlett-Packard Co is considering a plan to reorganize the company and combine its printer and personal computer units, the Wall Street Journal reported on Tuesday.

Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.

Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.

Hewlett Packard Co has forecast that 2010 revenue will be up just 3 percent from 2009 and slightly below Wall Street expectations, despite hope corporate spending on hardware would bounce back.

Hewlett Packard Co on Thursday forecast revenue that is up from 2009 but slightly below what analysts expected, despite hopes that corporate spending on hardware would bounce back.

Credit Suisse downgraded Dell Inc to neutral raising concerns over the company's acquisition strategy, and recommended investors take profits from Dell stock but add positions in Hewlett-Packard Co, Apple Inc and EMC Corp.

Hewlett-Packard Co named Internet pioneer Marc Andreessen, 38, to its board of directors, tapping one of the industry's best known investors to help guide the world's biggest PC maker.

Hewlett-Packard Co named Internet pioneer Marc Andreessen, 38, to its board of directors, tapping one of the industry's best known investors to help guide the world's biggest PC maker.

Oracle Corp has ended a high-profile computer-building partnership with Hewlett-Packard Co as Oracle prepares to acquire Sun Microsystems Inc, a rival of HP.

Hewlett-Packard Co unveiled several new products for the important fall season, including thin and light laptop PCs and an eye-catching new netbook.

Canon Inc said it will start providing its latest multi-functional printer models to Hewlett-Packard later this year, broadening the long-running partnership between the companies.

Hewlett-Packard Co is conducting a strategic review of the information technology and business process outsourcing assets that came with its 2008 acquisition of EDS, a senior executive said on Wednesday.

Stock index futures pointed to a lower open on Wall Street on Wednesday, tracking a sell-off in Chinese shares on renewed worries the buoyant market had gone too far ahead of the economic recovery, and as oil prices dipped.

Hewlett-Packard Co reported slightly better-than-expected third-quarter results on Tuesday, helped by strong server sales, but the company expressed caution about business demand, and shares fell 2 percent in extended trading.

Hewlett-Packard Co is considering selling or shutting parts of its outsourcing business to focus on the higher-margin areas of its technology services offering, people familiar with the matter said.

On Tuesday, HP has announced that it has signed a a five-year workplace services contract deal with AkzoNobel N.V. that could save cost and increase employee productivity.