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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Feathered Propeller who wrote (32591)	7/24/1999 12:38:00 PM
From: W.F.Rakecky	Read Replies (2) \| Respond to of 45548

July 23, 1999 5:18pm Leading Off By Anne Knowles PC Week IBM, 3Com to ink deal IBM's Technology Group and 3Com will announce a cross-licensing agreement next month worth $1 billion to $2 billion, sources said. Under the deal, each company will get access to certain networking patents of the other's portfolio. 3Com may also extend its purchasing agreement with IBM. 3Com already uses IBM's PowerPC processors for some of its router and remote access products. The deal will be the latest in a string of multibillion-dollar deals for IBM's 9-month-old division.