Monday, December 13, 2004

3Com to Buy TippingPoint for $430 Mln: "3Com said it will pay $47 in cash for each share outstanding in TippingPoint, a 13 percent premium over the stock's Friday closing on the Nasdaq. The $430 million purchase price includes acquisition costs and assumed options, 3Com said."—Yahoo! Finance

Excellent to see Bubble 1.0 poster child Netpliance, which in 2001 took the remaining $53M left over from its IPO, dropped the whole "Internet apppliance" thing, and started a new life as TippingPoint, finally make good.