Micron Electonics plans to sell ailing PC business, buy Interland

Article Abstract:

Micron Electronics is planning on selling its PC business and focusing more on Web hosting services through its acquisition of Interland Inc.

Computer Services NEC, Computer related services, not elsewhere classified, Interland Inc., Divestiture, Divestment

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H-P to buy Comdisco tech-services unit

Article Abstract:

Hewlett-Packard Co. is set to buy Comdisco Technology Services unit from Comdisco Inc, which has filed for bankruptcy protection. The unit is profitable and is expected to post increased revenue for the fiscal year. Hewlett-Packard has been grappling with slow growth, but its services unit saw a rise in revenue over the past two quarters. H-P will invest strongly in the unit and will hire 1,400 people in services in the fiscal year.

Computer Services, Computer and Data Processing Services, Management Consulting Services, Business & Mgmt Consulting, Business consultants, Management consultants, Consulting services, Comdisco Inc., CDO, Comdisco Technology Services

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Packard son opposes H-P's pact for Compaq, dealing new setback

Article Abstract:

Sixty-one year old David W. Packard, the oldest child of the late David Packard, has voiced his opposition to the proposed merger of H-P and Compaq Computer Corp. His statement comes just a short time after Walter B. Hewlett voiced his concern that a merger would make H-P vulnerable to the 'cutthroat' PC industry. Between the two heirs, their foundations and family members is the ownership of seven percent of H-P stock. The David and Lucille Packard Foundation, which owns 10% of H-P's stock, is mulling the merger over after hiring an outside analyst. Opposition from the Foundation is expected to scotch the proposed merger.

Compaq Computer Corp., CPQ, Acquisitions and mergers, Stockholders, Influence, Political aspects, Packard, David W.

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