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3Com Grabs Kerbango

3Com Grabs Kerbango

3Com will acquire Kerbango.
Kerbango announced the deal, valued at $80 million, at the 3Com Corporation Digital House exhibition at the PC Expo in New York City
Kerbango has won plenty of media attention thanks to its product, positioned as the first standalone Internet radio, radio tuning system and radio Web site.
3Com’s goal is to provide every “connectivity element required for the digital home.”
Kerbango CEO Jon Fitch will become vice president and general manager of 3Com’s Internet Audio division. He will report to Julie Shimer, vice president and general manager, 3Com’s Consumer Networks business.
Laura Dely

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