Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

Reuters: HP Eyes TippingPoint Network Security Business Sale

cybersecurityHewlett-Packard (NYSE: HPQ) is considering selling its network security appliance manufacturing unit TippingPoint as HP conducts a strategic review of its businesses, Reuters reported Wednesday.

Liana Baker and Greg Roumeliotis write HP seeks to identify non-core assets before November, when the company plans to split into two separate public companies — one focused on computers and printers and the other concentrating on enterprise platforms.

HP bought TippingPoint through the information technology firm’s 2010 purchase of 3Com for approximately $2.7 billion.

TippingPoint produces hardware for enterprise computer network firewalls and Reuters estimates the business is worth $200 million to $300 million.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about M&A Activity

Related Articles