Exhibit 99.2

3Com Corporation
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(unaudited)
TABLE A

	Three Months Ended									Six Months Ended
	November 28,			August 29,			November 30,			November 28,			November 30,
	2008			2008			2007			2008			2007
Sales	$	354,562		$	342,650		$	317,801		$	697,212		$	637,235
Cost of sales		154,770			153,023			165,681			307,793			336,179
Gross profit		199,792			189,627			152,120			389,419			301,056
Operating expenses (income):
Sales and marketing		88,620			86,282			80,785			174,902			155,189
Research and development		47,854			45,747			52,199			93,601			104,509
General and administrative		31,352			27,054			31,060			58,406			52,538
Amortization of intangibles		25,060			25,164			26,260			50,224			52,266
Patent dispute resolution		—			(70,000	)		—			(70,000	)		—
Restructuring charges		2,504			1,997			3,147			4,501			3,572
Operating expenses, net		195,390			116,244			193,451			311,634			368,074
Operating income (loss)		4,402			73,383			(41,331	)		77,785			(67,018	)
Interest expense, net		(547	)		(1,251	)		(3,966	)		(1,798	)		(7,533	)
Other income, net		15,899			12,871			10,343			28,770			22,754
Income (loss) before income taxes		19,754			85,003			(34,954	)		104,757			(51,797	)
Income tax provision		(6,884	)		(5,166	)		(670	)		(12,050	)		(2,481	)
Net income (loss)	$	12,870		$	79,837		$	(35,624	)	$	92,707		$	(54,278	)
Basic and diluted income (loss) per share	$	0.03		$	0.20		$	(0.09	)	$	0.23		$	(0.14	)
Shares used in computing basic per share amounts		394,029			402,889			398,989			398,459			398,015
Shares used in computing diluted per share amounts		395,238			404,072			398,989			399,655			398,015

3Com Corporation
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)
TABLE B

	November 28,		May 31,
	2008		2008
ASSETS
Current assets:
Cash and equivalents	$	460,787	$	503,644
Notes receivable		113,338		65,116
Accounts receivable, net		131,151		116,281
Inventories, net		111,478		90,831
Other current assets		35,092		34,033
Total current assets		851,846		809,905
Property & equipment, net		49,187		54,314
Goodwill		609,297		609,297
Intangibles, net		227,971		278,385
Deposits and other assets		19,966		23,229
Total assets	$	1,758,267	$	1,775,130
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	86,386	$	90,280
Current portion of long-term debt		48,000		48,000
Accrued liabilities and other		378,900		366,181
Total current liabilities		513,286		504,461
Deferred taxes and long-term obligations		23,122		22,367
Long-term debt		165,000		253,000
Stockholders’ equity		1,056,859		995,302
Total liabilities and stockholders’ equity	$	1,758,267	$	1,775,130

Additional Financial Data
(in thousands)
(unaudited)
TABLE C

Sales by Geography (a)

	Three Months Ended						Six Months Ended
	November 28,		August 29,		November 30,		November 28,		November 30,
	2008		2008		2007		2008		2007
China	$	192,851	$	167,527	$	143,107	$	360,378	$	289,861
Europe, Middle East and Africa		58,989		69,377		73,209		128,366		142,871
North America		49,130		52,031		52,589		101,161		112,607
Asia Pacific Rim (ex-China)		27,188		30,109		25,865		57,297		49,247
Latin and South America		26,404		23,606		23,031		50,010		42,649
Total Sales	$	354,562	$	342,650	$	317,801	$	697,212	$	637,235

(a) All non-OEM sales are reported in geographic categories based on the location of the end customer. Sales to OEM customers are included in the geographic categories are based upon the hub locations of OEM partners.

Sales by Product Category

	Three Months Ended						Six Months Ended
	November 28,		August 29,		November 30,		November 28,		November 30,
	2008		2008		2007		2008		2007
Networking	$	289,584	$	282,463	$	256,129	$	572,047	$	518,729
Security (b)		42,790		36,339		35,062		79,129		66,545
Voice		10,515		12,830		16,657		23,345		32,978
Services		11,673		11,018		9,953		22,691		18,983
Total Sales	$	354,562	$	342,650	$	317,801	$	697,212	$	637,235

(b) Security products include sales of TippingPoint offerings along with Networking business security offerings.

3Com Corporation
Reconciliation of Non-GAAP Measures
(in thousands, except margin and per-share data)
(unaudited)
TABLE D

	Three Months Ended									Six Months Ended
	November 28,			August 29,			November 30,			November 28,			November 30,
	2008			2008			2007			2008			2007
GAAP gross margin		56.3	%		55.3	%		47.9	%		55.9	%		47.2	%
Impacts to cost of sales from purchase accounting adjustments to inventory [a]		0.0	%		0.0	%		1.7	%		0.0	%		1.8	%
Stock-based compensation expense [d]		0.2	%		0.3	%		0.2	%		0.1	%		0.1	%
Non-GAAP gross margin		56.5	%		55.6	%		49.8	%		56.0	%		49.1	%
GAAP operating income (loss)	$	4,402		$	73,383		$	(41,331	)	$	77,785		$	(67,018	)
Restructuring		2,504			1,997			3,147			4,501			3,572
Amortization of intangible assets		25,060			25,164			26,260			50,224			52,266
Impacts to cost of sales from purchase accounting adjustments to inventory [a]		—			—			5,591			—			11,119
Patent dispute resolution [b]		—			(70,000	)		—			(70,000	)		—
TippingPoint special admin costs [c]		800			—			—			800			—
Stock-based compensation expense [d]		5,638			6,442			6,006			12,080			9,869
Acquiree expensed acquisition costs [e]		—			—			7,600			—			7,600
Non-GAAP operating income	$	38,404		$	36,986		$	7,273		$	75,390		$	17,408
GAAP income (loss) before income taxes	$	19,754		$	85,003		$	(34,954	)	$	104,757		$	(51,797	)
Restructuring		2,504			1,997			3,147			4,501			3,572
Amortization of intangible assets		25,060			25,164			26,260			50,224			52,266
Impacts to cost of sales from purchase accounting adjustments to inventory [a]		—			—			5,591			—			11,119
Patent dispute resolution [b]		—			(70,000	)		—			(70,000	)		—
TippingPoint special admin costs [c]		800			—			—			800			—
Stock-based compensation expense [d]		5,638			6,442			6,006			12,080			9,869
Acquiree expensed acquisition costs [e]		—			—			7,600			—			7,600
Gain on sales of assets [f]		—			—			—			—			(4,930	)
Non-GAAP income before income taxes	$	53,756		$	48,606		$	13,650		$	102,362		$	27,699
GAAP net income (loss)	$	12,870		$	79,837		$	(35,624	)	$	92,707		$	(54,278	)
Restructuring		2,504			1,997			3,147			4,501			3,572
Amortization of intangible assets		25,060			25,164			26,260			50,224			52,266
Impacts to cost of sales from purchase accounting adjustments to inventory [a]		—			—			5,591			—			11,119
Patent dispute resolution [b]		—			(70,000	)		—			(70,000	)		—
TippingPoint special admin costs [c]		800			—			—			800			—
Stock-based compensation expense [d]		5,638			6,442			6,006			12,080			9,869
Acquiree expensed acquisition costs [e]		—			—			7,600			—			7,600
Gain on sales of assets [f]		—			—			—			—			(4,930	)
Non-GAAP net income	$	46,872		$	43,440		$	12,980		$	90,312		$	25,218
GAAP net income (loss) per share	$	0.03		$	0.20		$	(0.09	)	$	0.23		$	(0.13	)
Restructuring		0.01			0.00			0.01			0.01			0.01
Amortization of intangible assets		0.06			0.06			0.07			0.13			0.13
Impacts to cost of sales from purchase accounting adjustments to inventory [a]		—			—			0.01			—			0.02
Patent dispute resolution [b]		—			(0.17	)		—			(0.18	)		—
TippingPoint special admin costs [c]		0.00			—			—			0.00			—
Stock-based compensation expense [d]		0.01			0.02			0.01			0.03			0.02
Acquiree expensed acquisition costs [e]		—			—			0.02			—			0.02
Gain on sales of assets [f]		—			—			—			—			(0.01	)
Non-GAAP net income per share, diluted	$	0.12		$	0.11		$	0.03		$	0.23		$	0.06
Shares used in computing diluted per share amounts		395,238			404,072			404,142			399,655			403,065
GAAP sales and marketing expenses	$	88,620		$	86,282		$	80,785		$	174,902		$	155,189
Stock-based compensation expense [d]		(1,613	)		(1,758	)		(1,418	)		(3,371	)		(2,393	)
Non-GAAP sales and marketing expenses	$	87,007		$	84,524		$	79,367		$	171,531		$	152,796
GAAP research and development expenses	$	47,854		$	45,747		$	52,199		$	93,601		$	104,509
Stock-based compensation expense [d]		(893	)		(884	)		(973	)		(1,777	)		(1,694	)
Non-GAAP research and development expenses	$	46,961		$	44,863		$	51,226		$	91,824		$	102,815
GAAP general and administrative expenses	$	31,352		$	27,054		$	31,060		$	58,406		$	52,538
TippingPoint special admin costs [c]		(800	)		—			—			(800	)		—
Stock-based compensation expense [d]		(2,570	)		(3,042	)		(3,092	)		(5,612	)		(4,875	)
Acquiree expensed acquisition costs [e]		—			—			(7,600	)		—			(7,600	)
Non-GAAP general and administrative expense	$	27,982		$	24,012		$	20,368		$	51,994		$	40,063

[a]	Results from our 49% H3C acquisition transaction.
[b]	Resolution of Realtek patent dispute.
[c]	Costs incurred to facilitate operation of TippingPoint as a more autonomous business.
[d]	Stock-based compensation expense is included in the following cost and expense categories by period:

	Three Months Ended						Six Months Ended
	November 28,		August 29,		November 30,		November 28,		November 30,
	2008		2008		2007		2008		2007
Cost of sales		562		758		523		1,320		907
Sales and marketing		1,613		1,758		1,418		3,371		2,393
Research and development		893		884		973		1,777		1,694
General and administrative		2,570		3,042		3,092		5,612		4,875

[e]	These expenses relate to the proposed acquisition of the Company in September 2007, which was terminated in April 2008.
[f]	The gain relates to patent sales in fiscal 2008.

3Com Corporation
Segment Reporting
(in thousands)
(unaudited)
TABLE E

	Three Months Ended November 28, 2008																Six Months Ended November 28, 2008
								TippingPoint																TippingPoint
								Security Business																Security Business
	Networking Business (a)							(b)									Networking Business (a)							(b)
	China-Based				Central						Eliminations /										Central						Eliminations /
	Business		Rest of World		Functions			TippingPoint			Other			Total			China		Rest of World		Functions			TippingPoint			Other			Total
Sales	$	199,815	$	125,688	$	—		$	31,016		$	(1,957	)[c]	$	354,562		$	375,212	$	266,002	$	—		$	59,215		$	(3,217	)[c]		$	697,212
Gross profit		131,901		71,861		(24,405	)		20,997			(562	)[d]		199,792			247,608		152,869		(50,316	)		40,578			(1,320	)[d]			389,419
Direct sales and marketing expenses		36,513		25,742		—			11,218			1,613	[d]		75,086			69,613		53,894		—			20,591			3,371	[d]			147,469
Segment contribution profit (loss)		95,388		46,119		(24,405	)		9,779			(2,175	)		124,706			177,995		98,975		(50,316	)		19,987			(4,691	)			241,950
Other operating expenses		—		—		78,336			10,141			31,827	[e]		120,304							151,199			20,052			(7,086	)[e]			164,165
Segment profit		—		—		—			(362	)		—						—		—		—			(65	)		—
Operating income															4,402																	77,785
	Three Months Ended November 30, 2007																Six Months Ended November 30, 2007
								TippingPoint																TippingPoint
								Security Business																Security Business
	Networking Business (a)							(b)									Networking Business (a)							(b)
	China-Based				Central						Eliminations /										Central						Eliminations /
	Business		Rest of World		Functions			TippingPoint			Other			Total			China		Rest of World		Functions			TippingPoint			Other			Total
Sales	$	154,418	$	138,572	$	—		$	25,785		$	(974	)[c]	$	317,801		$	310,452	$	276,504	$	—		$	51,253		$	(974	)[c]		$	637,235
Gross profit		96,175		75,316		(30,793	)		17,536			(6,114	)[d]		152,120			190,184		150,754		(62,018	)		34,162			(12,026	)[d]			301,056
Direct sales and marketing expenses		30,671		23,544		—			9,756			1,418	[d]		65,389			56,495		46,631		—			18,849			2,393	[d]			124,368
Segment contribution profit (loss)		65,504		51,772		(30,793	)		7,780			(7,532	)		86,731			133,689		104,123		(62,018	)		15,313			(14,419	)			176,688
Other operating expenses		—		—		79,757			7,233			41,072	[e]		128,062			—		—		158,379			15,320			70,007	[e]			243,706
Segment profit		—		—		—			547			—						—		—		—			(7	)		—
Operating loss															(41,331	)																(67,018	)

[a]	Our networking Business consists of two regionally based reporting segments: China-Based Business and Rest of World. We measure profitability in these segments at a segment contribution profit level. Segment contribution profit is defined as gross profit less segment direct sales and marketing expenses. Gross profit for these regions is defined as sales less standard costs of sales, such as product costs, and “gross profit” as defined for these segments may be referred to as “standard margin” in our public statements. Also as part of our Networking business we report the central function costs for this business. Central function costs include other cost of sales and centralized operating expenses such as supply chain, research and development, indirect sales and marketing support and general and administrative costs.
[b]	Our TippingPoint Security business segment’s profitability is measured on segment profit. This measure includes all costs except those items described in “Eliminations and Other”.
[c]	Eliminations for inter-company sales during the respective periods between our networking business segments, on one hand, and our TippingPoint segment on the other hand.
[d]	Includes stock-based compensation in all periods and purchase accounting inventory related adjustments as applicable.
[e]	Includes: stock-based compensation, amortization, and restructuring in all periods and patent dispute resolution proceeds and Bain transaction costs where applicable.

3Com Corporation
Consolidated Statement of Cash Flows
(In thousands)
(unaudited)
Table F

	Six Months Ended
	November 28,			November 30,
	2008			2007
Cash flows from operating activities:
Net income (loss)	$	92,707		$	(54,278	)
Adjustments to reconcile loss from continuing operations to net cash provided by (used in) operating activities:
Depreciation and amortization		65,113			69,279
Loss on property and equipment disposals		891			155
Stock-based compensation expense		12,080			9,868
Gain on investments, net		—			(185	)
Deferred income taxes		(2,521	)		(1,234	)
Change in assets and liabilities:
Accounts and notes receivable		(63,466	)		(10,418	)
Inventories		(25,478	)		16,863
Other assets		1,056			113
Accounts payable		254			(14,642	)
Other liabilities		15,457			(68,080	)
Net cash provided by (used in) operating activities		96,093			(52,559	)
Cash flows from investing activities:
Proceeds from maturities and sales of investments		—			442
Purchase of property and equipment		(11,425	)		(9,746	)
Proceeds from sale of property and equipment		150			864
Net cash used in investing activities		(11,275	)		(8,440	)
Cash flows from financing activities:
Issuances of common stock		2,848			5,656
Repurchases of common stock		(50,574	)		(1,322	)
Repayment of long term debt		(88,000	)		(94,000	)
Net cash used in financing activities		(135,726	)		(89,666	)
Effects of exchange rate changes on cash and equivalents		8,051			10,591
Net change in cash and equivalents during period		(42,857	)		(140,074	)
Cash and equivalents, beginning of period		503,644			559,217
Cash and equivalents, end of period	$	460,787		$	419,143