3COM Bought Huawei Stake in H3C

November 29, 2006, Huawei's official website showed that Huawei has accepted the bid offer from 3COM, the two sides have completed the the bid process of Huawei H3C Technologies Co., Limited.According to the H3C shareholders agreement, 3COM launched the bid process from November 15, 2006. After the bidding, Huawei reply 3COM on November 28, formally accepted the bid offer of 3COM. After carrying