Computer heavyweights merge to form world's number one PC maker

Article Abstract:

Compaq Computer is to be purchased by Hewlett-Packard for around $25 billion, creating the world's largest PC manufacturer. The new venture will compete strongly with IBM and Sun Microsystems in the server sector, and will also be a leading player in computer services and consulting.

---

Skids under Fiorina as deal falters

Article Abstract:

The future of Hewlett-Packard Chief Executive Carly Fiorina seems uncertain following the decision by the David and Lucile Packard Foundation to reject plans to purchase Compaq Computers. She will now find it difficult to gain enough support from other shareholders.

United States, Asset sales & divestitures, Acquisitions & mergers, Computers & Auxiliary Equip, Management, Fiorina, Carly

---

Compaq's $10bn deal to buy Digital creates computer behemoth

Article Abstract:

Compaq Computer believes that its purchase of Digital Equipment in a deal worth $9.8 billion will allow it to create an operation offering a complete range of computing equipment and services. The company is already the largest supplier of personal computers in the world, while Digital is a top manufacturer of computers and network systems. The deal will involve Compaq issuing 150 million shares and paying $4.8 billion in cash. Digital's shareholders will receive $30 in cash and around 0.945 Compaq shares for each Digital share.

Computers, Digital Equipment Corp., DEC

Similar abstracts:

• Abstracts: Size matters when the rest of the world is out to shrink the state. Beware calling the bluff of peeved UK multinationals
• Abstracts: Tory employs the light touch to catch floating vote - on the stump. The prophet of reason
• Abstracts: Boom or bust? Only the satirists have answer to what's going on in Britain's housing market. The Englishman's home looks immune to global downturn
• Abstracts: A big loss for Portillo - but it may be a bigger one for the Tory party. He may be the best man, but Mr Clarke is wrong to stand
• Abstracts: From great dictator to bloody pariah: how the world caught up with the Butcher of Belgrade. The laughing butcher of Bosnia sent south 'to defend' Kosovo

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.