"The proposed sale of 3Com to Bain Capital Partners and China's Huawei Technologies has drawn the attention of U.S. lawmakers because it involves sensitive security technology.
Legislation has been introduced in the U.S. House of Representatives to block the acquisition of 3Com by Bain Capital Partners and affiliates of Huawei Technologies of China.
Earlier in October, the two companies entered into a definitive merger agreement that set a price of £1.1bn for 3Com."
What eez zees "sensitive security technology", you ask? Well Pangloss of course knows nothing, but one suggestion is that 3Com own Tipping Point - who happen to be one of a very select handful of companies in the world peddling a certain trade - they buy and sell zero day exploits - potentially disastrous software vulnerabilities.
And word on the street as it that the US has been a bit touchy about the idea of a company like that coming under potential Chinese state er influence - especially since the reports earlier this year of Chinese attacks on the Pentagon.
Nice to have a bit of gossip in with the cyberlaw huh?
No comments:
Post a Comment