Revenue in the quarter was $30.8 billion, down eight percent from one year ago.
In Palo Alto this morning, Chief Executive Mike V. Hurd said, “Solid execution drove exceptional performance for H.P. this quarter, fueled by significant growth in China.”
Directors of both companies have approved the deal, in which 3Com shareholder will receive $7.90 per share of 3Com stock that they hold at the closing of the merger.
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