The Register® — Biting the hand that feeds IT

3Com delays buyout vote again

Struggles to satisfy US security concerns

See what The Register's experts have to say on application security

In brief 3Com says it needs 14 more days to smooth out US security concerns before the company can take its pending $2.2bn sellout to a vote.

For a second time, the networking firm has postponed a shareholder meeting to decide if it will sell the company to Bain Capital and its Chinese partner, Huawei Technologies.

The three companies have struggled to find a plan that will satisfy the US government by limiting Huawei's potential access to sensitive military technology.

A shareholder meeting was originally scheduled for February 29, but was postponed until Friday, March 7. Today, 3Com said its pushing that date to March 21 in order to continue seeking alternatives with Bain and the US Committee on Foreign Investments. ®

Tune into our application security webcast, click here

Don’t Miss

NovellSUSE 11 takes off faster than 10

Novell still cool to KVM

Samsung SpinPoint 2.5in HDDFreecom adds RFID to HDD

Innovative feature or unnecessary security?

Intel X25-MIntel to double SSD capacity

Roadmap brought forward by a quarter

MacBook Air firmware update points to revamped batteries