Stage
Acquired | AcquiredValuation
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Latest Synernetics News
Oct 14, 2013
Share on twitter Share on facebook Share on linkedin More Sharing Services 3Com Corp, Santa Clara has definitive agreement to acquirelong-standing North Billerica, Massachusetts-based Synernetics Incfor $104m. Synernetics specialises in Ethernet and FDDI switchingtechnologies with its LANplex 5000 and 6000 lines, the latterproviding an upgrade path to switched FDDI and AsynchronousTransfer Mode. Its 1993 sales are estimated at some $27m with about45% of that sales to 3Com. 3Com will write off most of the purchaseprice and related transaction costs in the current quarter.Synernetics will keep its base in Massachusetts and become 3Com'sswitching division. Share:
Synernetics Frequently Asked Questions (FAQ)
Where is Synernetics's headquarters?
Synernetics's headquarters is located at 2204 Timberloch Pl, Spring.
What is Synernetics's latest funding round?
Synernetics's latest funding round is Acquired.
Who are the investors of Synernetics?
Investors of Synernetics include 3Com, Accel and Foundation Capital.
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