Product Test and Buyer's GuideThis newsletter is sponsored by SolarWindsProduct Test and Buyer's Guide, 07/05/07By Christine BurnsNetworking gear maker 3Com announced late last week that it has plans to spin off security subsidiary TippingPoint in an IPO of stock before the end of the calendar year. 3Com initially bought the Austin-based start-up – which was making significant headway in the then new Intrusion Prevention System (IPS) market -- for $430 million in early 2005 as a means of giving it some security clout as it attempted to grow its menu of networking gear slated for use in large business networks. In 2006, 3Com announced a chassis-based TippingPoint IPS product that was supposed to offer customers the ability to consolidate IPS and high-speed LAN switching in one box. Interestingly enough, 3Com has changed its tune in the wake of a fourth-quarter net loss of $66 million on revenue of $311 million.
"We believe this move will let 3Com and TippingPoint focus on their core strengths, target markets and strategic goals," said Edgar Masri, 3Com's president and CEO, in a statement. "The decision to IPO TippingPoint enables 3Com to focus more closely on its core business -- delivering integrated, secure, converged network infrastructure solutions to enterprises and increasing H3C [Huawei-3Com joint venture] sales worldwide.” TippingPoint’s 5000E system topped the pack of IPS products tested in our most recent Clear Choice Test in that category conducted last summer. The TippingPoint press folks also tried to get in on our all-in-one NAC product test (results slated to be published later the month), but missed the deadline for submission. We’ve not heard much more on its plans to expand into that very hot security realm, but perhaps we will under the new management. In the meantime, you can check out how TippingPoint’s IPS compares feature by feature with 40 other IPS products on the market in the Network World IPS Buyer’s Guide. |
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