Bain Capital, Chinese Firm Privatise 3Com
aux.link: 3Com to sell itself to Bain Capital, Huawei Tech for 2 bln usd - Forbes.com
And also from my other entry today above, "Bain Capital is partnering with China's Huawei Technologies in a buyout of 3Com, the U.S. company that provides the technology that protects Pentagon computers from Chinese hackers." -Pat Buchanan
Old news I somehow didn't catch last year. Our government's VOIP systems, Ethernet switches, WAN routers - or in essence, their internal network and telecommunications backbone - now all controlled by the Chinese, in part. Somebody call up Mitt Romney and tell him to talk some sense into his old establishment, Bain Capital, the other part. Suddenly, my model 3103 phone doesn't look that cool anymore. Hmm, wonder what Cisco has now...
With the recent economic headlines dealing with such foreign investment, now I'm starting to get uncomfortable. And as a telecom guy, this bit in particular.
And also from my other entry today above, "Bain Capital is partnering with China's Huawei Technologies in a buyout of 3Com, the U.S. company that provides the technology that protects Pentagon computers from Chinese hackers." -Pat Buchanan
Old news I somehow didn't catch last year. Our government's VOIP systems, Ethernet switches, WAN routers - or in essence, their internal network and telecommunications backbone - now all controlled by the Chinese, in part. Somebody call up Mitt Romney and tell him to talk some sense into his old establishment, Bain Capital, the other part. Suddenly, my model 3103 phone doesn't look that cool anymore. Hmm, wonder what Cisco has now...
With the recent economic headlines dealing with such foreign investment, now I'm starting to get uncomfortable. And as a telecom guy, this bit in particular.
Labels: business, china, defense, government, technology, telecom
posted at 4:47 PM
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