3Com Establishes Two Independent Units Focused on Business Connectivity and Networking; Appoints Dennis Connors and John McClelland as Presidents of New Units.Business Editors/High-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--April 23, 2001 3Com Corporation (Nasdaq:COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ) today announced it is restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). its commercial business, creating two independent units intended to focus on better serving the networking needs of its business customers. This change in structure is aimed at driving profitability and growth. Beginning June June: see month. 4, 2001, the start of its fiscal year, the company will establish the 3Com Business Connectivity Company and the 3Com Business Networking This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Company. "With this announcement, we now have three dedicated units focused on leadership in their respective markets," said Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Claflin, 3Com chief executive officer. "CommWorks, a dedicated unit created last year, has been the model for these two new units. However, these changes were also validated val·i·date tr.v. val·i·dat·ed, val·i·dat·ing, val·i·dates 1. To declare or make legally valid. 2. To mark with an indication of official sanction. 3. after an extensive strategic review conducted by our senior management team, assisted by experts from McKinsey and Company. Dennis Connors and John McClelland John McClelland (1805–1875) was a British medical doctor with interests in geology and biology, who worked for the East India Company. He was appointed 1836 as the secretary of the "Coal Committee", the forerunner of the Geological Survey India (GSI), formed to explore , presidents of the 3Com Business Connectivity Company and the 3Com Business Networking Company respectively, are talented and experienced leaders. They will be directly responsible for profit and loss and have the resources necessary for success in the marketplace." "Today's action is another step on the path to profitability and growth," continued Claflin. "It puts the responsibility for the business in the hands of the people on the front lines, where 3Com is closest to its customers." The 3Com Business Connectivity Company Dennis Connors will be president of the 3Com Business Connectivity Company, which will focus on business customers that are served by PC OEMs, distributors and other channel partners with high-volume, high-performance connectivity products for desktop, mobile and server PCs. Today, these 3Com offerings include market-leading Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. access and wireless connectivity products. 3Com Business Connectivity Company products and services will be based on a "Universal Access Platform" that offers simple, seamless and continuous network access -- from one network to another -- across a variety of access technologies and all major devices. Until June 4, Connors will continue to serve as 3Com's senior vice president of E-Business and Information Technology, responsible for developing and implementing 3Com's web-enabled strategy and information systems. Connors previously held senior executive positions at Ericsson and General Electric. The 3Com Business Networking Company John McClelland will be president of the 3Com Business Networking Company, which will serve businesses of all sizes with market-leading LAN switching
LAN switching is a form of packet switching used in local area networks. Switching technologies are crucial to network design, or to that minority of LANs that are used outside the home. , wireless infrastructure and IP PBX (Internet Protocol Private Branch eXchange) A telephone switch that supports voice over IP (VoIP). IP PBXs convert IP phone calls into traditional circuit-switched TDM connections for the PSTN. voice solutions. The 3Com Business Networking Company will sell through 3Com's traditional channels of worldwide resellers as well as emerging service provider channels. 3Com Business Networking Company offerings will be based on a "Universal Services Platform" that simplifies management and provisioning of networking equipment, enables remote management of network functionality such as security and backup and offers aggregation of access, switching and or voice functionality to meet specific customer needs. Until June 4, McClelland will continue to serve as 3Com's senior vice president of operations, responsible for worldwide product development and manufacturing. Having worked at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Digital Equipment and Philips Corporation, McClelland has extensive experience leading and executing improvements to drive operational excellence, with particular expertise in the functional areas of finance, manufacturing and distribution. 3Com Corporation: Three Independent Units Poised for Profitable Growth Following this restructuring, 3Com will consist of three independent units, the two announced today and 3Com's CommWorks Corporation, which builds IP networks for network service providers around the world. 3Com has designed this business structure for the following reasons: -- Each independent unit will be smaller and more agile, able to better serve its customers and become more competitive. -- Each independent unit will have the opportunity to pursue more aggressive strategies and more quickly deliver competitive products for their customers. -- Each independent unit will be able to pursue strategic partnerships. -- Each unit will have greater transparency around business and financial performance. Services that are common to the three independent units -- human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , finance, information technology, legal and brand management -- will continue to be provided by 3Com Corporate. About 3Com Corporation 3Com simplifies how people connect to information and services through easy-to-use connectivity products and solutions for people and businesses. The company also provides access infrastructures and IP services platforms for network service providers. For further information, visit www.3com.com or the press site at www.3com.com/pressbox. Note to Editors: 3Com is a registered trademark of 3Com Corporation. All other names are trademarks or registered trademarks of their respective holders. |
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