A class action lawsuit has hit 3Com only weeks after it acquired US Robotics. The action, taken yesterday in California, seeks damages for anyone who bought 3Com ordinary shares between 24 September and 10 February.
The action came as the result of a price war in the Fast Ethernet market, started by Intel. 3Com said in February sales of its offerings were unlikely to be as high as expected.
Last week, 3Com reported its third quarter earnings which showed the company still relies heavily on sales of Fast Ethernet products. No-one from the company was available for comment.
* Hayes UK said that it could not substantiate reports from the US that it was up for sale, like US Robotics.
IBM and Technical University of Munich team demonstrate how Shor's algorithm, which can't be cracked by conventional computers, can be solved quickly with quantum computing
Hubble Space Telescope finds superflares from young red dwarfs could strip away planetary atmosphere
Younger stars are 100 to 1,000 times more energetic than when they're older
Two of the big four supermarkets will use the system to control sales of restricted products
PUBG news and updates: November's Update #23 to bring new Skorpion pistol and changes to blue zone visibility
Genuinely useful side-arm coming to PUBG in Update #23