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Acquisitions: 3Com has agreed to be acquired by Bain Capital …

September 28th, 2007 at 4:07 pm

Source:Valleywag

Removed from his Bay Area fanbase, TechCrunch editor Michael Arrington speaks to a mostly empty room at the DigitalLife convention. Valley fame, it seems, does not travel well. [News.com]

Source:Valleywag

John SchererThe Internet has an uncanny ability to draw out the crazies. Movie director Uwe Boll challenged his Internet critics to a boxing match. A biologist wrote a book review and was subsequently sued for “assault, libel and slander.” Now the Video Professor, the charming older gentleman who appears in commercials pitching your mom to learn Excel spreadsheets and how to surf the Web with his handy series of instructional DVDs, is suing 100 posters on infomercialscams.com for “unauthorized Internet disparagement.” His critics claim that John Scherer’s Video Professor has a habit of signing people up for subscriptions they don’t want. As punishment for voicing such opinions, Video Professor is trying to obtain the posters’ IP addresses so it can sue each one individually. That’ll teach you to surf the Web.

Source:Valleywag

3Com has agreed to be acquired by Bain Capital for about $2.2 billion in cash — a 44 percent premium over Thursday’s closing price. Included in the deal is a minority stake for Chinese network giant Huawei Technologies, as well as H3C, the companies’ joint venture. By shutting out Nortel, which also was interested in 3Com, Huawei prevents its Canadian rival from getting a foothold in its rapidly expanding home market. [WSJ]

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