3Com gets leaner, smarter

3Com, provider of computer networking products, is streamlining its business. Slow growth product arms have been cut, and so have its banking relationships. 3Com talks about streamlining treasury.

3Com's Asia-Pacific operations in Singapore are tucked well away from the city centre. The large, non-descript building is a hive of activity. 3Com has just sold off Palm, Inc., makers of the personal organizer. And this is just the first of many streamlining projects 3Com is embarking upon. Another project underway is the consolidation of 3Com's banking relationships. Jonathan Woon, Treasury Manager of 3Com's Asia-Pacific operations talks about 3Com's plans for centralizing treasury control with the one bank.

Q 3Com is undergoing some strategic changes what does this mean for your treasury

A There will be no significant change, except that as we are embarking on a...

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