3Com cagey on restructure

3Com cagey on restructure

3Com Australia has refused to comment on worldwide speculation it may follow the spin-off of its Palm operations with further reshuffling.

The company last week explained it "wasn't talking to the media" because until its quarterly earnings announcement, it was in a "quiet period".

However, US sources said that 3Com may spin off pieces of its Network Systems business unit and significantly restructure other parts of the company. The Network Systems business unit oversees development and marketing of the company's large enterprise LAN switches and remote access platforms for service providers.

According to the s ources, the company's senior vice president, Edgar Masri, has met with consultants to discuss restructuring and reorganisation options in an attempt to maintain shareholder value momentum after the Palm IPO spin-off.

3Com took 5 per cent of Palm public last week to return a dividend to shareholders. By Byron Kaye

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


ARN Innovation Awards 2022

Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.

EDGE 2022

EDGE is the leading technology conference for business leaders in Australia and New Zealand, built on the foundations of collaboration, education and advancement.

Brand Post

Channel Roadmap

The Channel Roadmap is a bespoke content hub housing strategic priorities from technology vendors for 2022 and beyond, partners can find the guidance on the key technologies and markets to pursue, to help build a blueprint for future success.

Show Comments