Hewlett-Packard's $2.7 billion bid to buy 3Com could increase competitive pressure on two technology rivals with major Triangle operations.
For starters, the deal announced late Wednesday will expand H-P's foothold in China, where 3Com's 2,400 engineers will help develop new products. That's home turf for Lenovo, the Chinese PC maker with a world headquarters and about 1,500 workers in Morrisville.
Also, buying 3Com increases H-P's competition with Cisco Systems in the market for computer-networking gear, analysts said. Cisco has about 4,500 employees and contractors at its Research Triangle Park campus.
H-P's takeover of 3Com is expected to close in the first half of next year.