3Com Acquires TippingPoint Technologies
January 31, 2005
3Com Corporation completed the acquisition of TippingPoint Technologies, Inc., an Austin-based provider of intrusion prevention systems, in a transaction announced December 2004 and finalized January 31, 2005. 3Com paid $47 per share to acquire TippingPoint and will operate it as a division to expand 3Com's secure, converged networking and enterprise security product portfolio.
- Buyers
- 3Com Corporation
- Targets
- TippingPoint Technologies, Inc.
- Industry
- Cybersecurity
- Location
- Texas, United States
- Transaction Type
- Buyout
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