Remember Hayes? Remembe when dial-up modems were big business? 3Com paid $6.6 billion for a modem company. Can you imagine them doing that ten years later? Hmm, remember WorldCom?
3Com/U.S. Robotics primes product plan
March 97, 3Com agrees to acquire modem maker U.S. Robotics in a $6.6 billion stock swap. Three years later it dumps the modem business into a joint venture and retains only the Palm business.
New WorldCom order Customers optimisitc about carrier’s surprise $30 billion takeover bid for rival MCI.
