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January 21, 1987

ESSELTE AB AND NOKIA OY SIGN DISTRIBUTION AND OEM PACTS WITH 3COM

By CBR Staff Writer

3Com Corp, Mountain View, California, has won the backing of two of the biggest players on the Scandinavian scene, Esselte AB of Sweden and Nokia OY of Finland: each has signed a distribution and OEM pact involving 3Com’s full line of network products for workgroup computing: the two contracts are expected to be worth a mininum of $10m over three years; this year 3Com also plans to open two more offices, one in West Germany and another in Hong Kong, and the latter will service its Asia-Pacific business, where the company generates about 25% of its total international revenues.

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