Wednesday, June 27, 2007

3Com Plans IPO for TippingPoint Subsidiary

3Com is planning an initial public offering (IPO) of common stock of its wholly owned subsidiary TippingPoint. 3Com expects to file a registration statement related to the IPO by the end of the calendar year.

TippingPoint provides network-based intrusion prevention systems (IPS) and Digital Vaccine attack filter services for enterprises, government agencies, service providers and academic institutions.

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