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March 5, 1987

METCALFE DONATES $1.6M IN 3COM SHARES TO MIT

By CBR Staff Writer

Robert Metcalfe, 40, chairman of 3Com Corp and described as the inventor of Ethernet, is so overcome with guilt, gratitude and greatness that he has donated a whopping $1.6m in 3Com shares to his alma mater, the Massachusetts Institute of Technology to establish the Robert M Metcalfe Professorship Fund in Engineering and the Liberal Arts; Metcalfe was a member of the Class of 1968 at MIT – and that guilt, etc? The guilt and the gratitude are his, Metcalfe explains, the greatness is MIT’s.

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