UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or
15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 28, 2003
3COM CORPORATION
(Exact name of registrant as specified in its charter)
Delaware |
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0-12867 |
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94-2605794 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
350 Campus Drive
Marlborough, Massachusetts
01752
(Address of Principal Executive Offices)
(Zip Code)
Registrants telephone number, including area code: (508) 323-5000
5500 Great America Parkway
Santa Clara, California
95052
(Former name or former address, if changed since last report)
Item 5. Other Events
On July 28, 2003, 3Com Corporation (3Com) completed the sale of its 511,000 square foot facility located in Rolling Meadows, Illinois and entered into an agreement to lease back approximately 43,000 square feet of office space. Pursuant to the lease agreement, 3Com will continue to utilize the Rolling Meadows facility for administrative, research and development, and customer service operations.
Proceeds from the sale were approximately $36 million in cash. The impact of the sale, which will be reflected in 3Coms results of operations for the first quarter of fiscal 2004, is not expected to be significant.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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3COM CORPORATION |
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Date: July 30, 2003 |
By: |
/s/ Mark Slaven |
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Mark Slaven |
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Executive
Vice President, Finance, and |
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