Bain Capital, the US private equity firm may have collaborated with China in trying to transfer US technology secrets in joint acquisition of 3Com
Media Release
Sep. 29, 2007

3Com has technologies that will help the Chinese military in closing the network gap with the rest of the world including the Americans. Huawei Technologies, a Chinese telecoms equipment maker approached Bain Capital, the US private equity firm to acuire 3Com.

this is the first case where China has used an American Private Equity firm in trying to acquire a sensitve American company that can help China.

According to media reports, the deal is worth $2.2bn in cash. Bain will take a stake of more than 80 per cent, while Huawei’s ownership will remain below 20 per cent, insiders said.

The US Government is expected to scrutinise on national security grounds the joint acquisition of 3Com, by Huawei Technologies, a Chinese telecoms equipment maker, and Bain Capital, the US private equity firm.

Bain Capital, the US private equity firm may have collaborated with China in trying to transfer US technology secrets in joint acquisition of 3Com
Media Release
3Com has technologies that will help the Chinese military in closing the network gap with the rest of the world including the Americans.
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