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HOME > PAST ISSUE > SPECIAL REPORT [Premium content]April 2008
What Huawei and Bain Capital’s failed bid for 3Com means for Chinese investment in the US
Xu Zhijun, chief marketing officer at Huawei Technologies, was blunt in his assessment of claims that Huawei’s part in a bid for American firm 3Com was a threat to US national security.
“That would be bullshit,” he told the Financial Times in late February, pointing out that Huawei would own just 16.5% of 3Com. The Chinese firm’s partner, US private equity group Bain Capital, would be the majority shareholder and assume management control of the computer ...
“That would be bullshit,” he told the Financial Times in late February, pointing out that Huawei would own just 16.5% of 3Com. The Chinese firm’s partner, US private equity group Bain Capital, would be the majority shareholder and assume management control of the computer ...
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