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HP's 3Com takeover marks a shot at Cisco

(AP) -- Hewlett-Packard Co.'s $2.7 billion takeover of 3Com Corp. is a shot at networking leader Cisco Systems Inc. - and a sign of how old relationships are being frayed by a flurry of maneuvers by technology heavyweights.

Cisco to add 1,700 jobs in Ontario

Telecommunications equipment manufacturer Cisco Systems announced Friday plans to more than double its Canadian footprint with the hiring of 1,700 high-tech workers in Ottawa and Toronto within six years.

Logitech buys video conferencing firm

Switzerland-based Logitech is buying video-conferencing equipment firm LifeSize Communications in a 405-million-dollar deal expected to close next month.

IBM cuts Sun takeover price: WSJ

IBM has cut the price of its takeover bid for Sun Microsystems Inc. to nine to 10 dollars a share from 10 to 11 dollars a share, The Wall Street Journal online reported on Thursday.

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