華為要把華為3Com"嫁入豪門" 最快年底完成交易

       在成功獲得港灣網(wǎng)絡(luò)之后，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>欲出售arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>之心似乎愈來愈烈。最新消息顯示，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>已邀請(qǐng)3家美國私人資本投資公司參與競購arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>；而這筆交易有望在今年年底明年年初達(dá)成。arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>3Com技術(shù)有限公司（簡稱H3C），這是由美國網(wǎng)絡(luò)系統(tǒng)公司3ComCorp.和中國電信設(shè)備制造商arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>技術(shù)有限公司在華組建的網(wǎng)絡(luò)技術(shù)合資企業(yè)。 

       事實(shí)上，在一些分析師眼中，出售arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>對(duì)于arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>而言已是“遲早的事”。易觀國際高級(jí)副總裁張鷹分析稱，集中于制造中低端企業(yè)級(jí)數(shù)據(jù)通信產(chǎn)品的arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>一向不是arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>的主要方向。今后，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>將會(huì)通過資本分置→剝離→收回投資的舉措，逐步退出arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>。

       昨日有消息稱，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>已邀請(qǐng)銀湖合伙公司、貝恩資本投資公司及德州太平洋集團(tuán)競購arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>，而arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>是2003年11月arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>與arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>建立的合資公司，其中arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>持股49%，而arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>持股51%。 

       消息人士透露，這三家公司將會(huì)競購arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>在arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>中的部分股權(quán)，其出價(jià)范圍可能在10億~15億美元之間。一旦交易完成，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>在arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>中的持股量可能會(huì)減至20%-30%。 

       對(duì)于這一傳聞，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>新聞發(fā)言人付軍拒絕對(duì)記者發(fā)表任何評(píng)論。不過有分析師認(rèn)為，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>出售arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>實(shí)屬意料之中。 

       3Com董事長埃里克·本哈穆還表示，H3C可能成為3Com未來發(fā)展的重要基石。一位知情人士稱，如果arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>愿意，它可以對(duì)H3C展開全面收購。 

       3Com上個(gè)月公布，得益于H3C銷售額的增長，公司第一財(cái)政季度凈虧損額較上年同期收窄。截至9月1日的第一財(cái)政季度，該公司凈虧損1,410萬美元，合每股4美分，上年同期凈虧損額為4,200萬美元，合每股0.11美元。3Com第一財(cái)政季度收入為3.001億美元，高于上年同期的1.776億美元。

       業(yè)內(nèi)人士認(rèn)為，今年6月arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>收購港灣核心資產(chǎn)，進(jìn)一步加大了出售arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>的可能性。因?yàn)楦蹫尘W(wǎng)絡(luò)主要業(yè)務(wù)為寬帶、光網(wǎng)絡(luò)和接入網(wǎng)三部分，與arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>很多業(yè)務(wù)重疊；一旦arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>被出售，它可以填補(bǔ)其后的產(chǎn)品空缺。 

       張鷹表示，目前arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>正在逐步走上正軌，投資者已經(jīng)可以看到其業(yè)績成長性。“在這個(gè)時(shí)機(jī)選擇出售部分股權(quán)，arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>可以獲得一筆不錯(cuò)的現(xiàn)金流拓展其他市場。” 

       據(jù)透露，對(duì)arch.aspx?page=1&keywords=%e5%8d%8e%e4%b8%ba&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">華為a>arch.aspx?page=1&keywords=3COM&column_id=ALL&station=%E5%85%A8%E9%83%A8" target="_blank">3COMa>的競購有望與今年年底明年年初完成；而由于參與的對(duì)象是私人資本投資公司，收購形式可能是“杠桿收購”。在這種收購活動(dòng)中，收購者只需付出較少的本錢，并從其他金融機(jī)構(gòu)籌集大量資金進(jìn)行收購活動(dòng)，以達(dá)到以很少的資金賺取高額利潤的目的。

來源: 東方網(wǎng)