February 24, 1999
3Com Corp. has agreed to buy privately held NBX Corp. of Andover, Mass., for $90 million in cash plus stock options. NBX makes equipment that allows voice and data to be sent over the same computer network. The deal is expected to close in March. 3Com, a Santa Clara, Calif., data communications equipment maker, does not expect to lay off any of NBX's 87 employees, a 3Com spokesman said.