Palo alto, ca and houston, tx, september 3, 2001 hewlett-packard company (nyse: hwp) and compaq computer corporation (nyse: cpq) announced today a definitive merger agreement to create an $87 billion global technology leader. After acquiring compaq computer company, hp is currently the world's largest computer company hp is a growth oriented corporation that strives to stay ahead in all of its market segments. Hewlett-packard said yesterday that it was acquiring compaq computer for $25 billion in stock in a bold move to grow as the computer industry struggles with shrinking sales the merger, if.
-- as expected, digital equipment corp shareholders thursday morning approved the company's merger with compaq computer corp 'not all of it was fun, and most of it was unpleasant, but it was. On may 3, 2002, hp and compaq completed the combination of their businesses as a result of the merger, compaq is now a wholly-owned subsidiary of hp and shares of compaq common stock no longer trade on the new york stock exchange. Compaq computer corporation is a provider of enterprise technology and solutions compaq designs, develops, manufactures and markets hardware, software, solutions and services, including enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries.
Compaq computer corporation was born in february 1982 compaq's early success was unparalleled in the annals of american business history it sold 53,000 units for over $111 million in its first year of operation in 1983. Mergers and acquisitions (m&a) is a general term that refers to the consolidation of companies or assets through various types of financial transactions. The proposed merger called for a consolidation of hp's and compaq's product lines into four major operating groups: services, imaging and printing, access devices, and information technology infrastructure.
The hewlett-packard and compaq merger analysis the hewlett-packard and compaq merger analysis the proposed merger with compaq hp entered into an agreement with compaq computer corporation in september 2001. Compaq took a major step toward its stated goal of becoming the no 1 computer power in the world by announcing it would acquire digital equipment for $96 billion the acquisition, which has. Merging information technology and cultures at compaq-digital (a): meeting day one objectives on june 11, 1998, stockholders of digital equipment corporation approved its acquisition by compaq computer corporation, creating a $37 billion (us) personal computer and computing services firm.
The company is better known as compaq computer corporation this was company that started itself as a personal computer company in the year 1982 it had the charm of being called the largest manufacturers of personal computing devices worldwide. In 2001, when hewlett-packard's then-ceo carly fiorina announced that the technology giant proposed to merge with compaq computer corp, she set off a firestorm of controversy. Compaq by hewlett-packard - compaq computer corporation is an american personal computer founded in 1982 compaq existed as an independent corporation until 2002, when it was acquired by hewlett-packard for $25 billion. The merger that worked: compaq and hewlett-packard technology pundits typically apply conventional wisdom (all big mergers are bad) rather than analytically look at whether there is a real fit. Research or buy hp printers, desktops, laptops, servers, storage, enterprise solutions and more at the official hewlett-packard website.
The company's largest acquisition came in 2002, when it merged with compaq, a personal computer manufacturer, for us$25 billion   the combined company overtook dell for the largest share of the personal computer market worldwide in the second quarter. Situation analysis: the merger with compaq computer corporation and hewlett-packerd merger in 20113 with the revenues of $42 billion in fiscal 2001 behind the ibm when then had a leadboth were very large firms. Worst tech mergers and acquisitions: hp and compaq a corporate merger, like a marriage, can yield a whole stronger than its parts -- or it can end in utter disaster.
Compaq snapped up digital equipment corp, a company that had been making computer servers since the 1960s, for $96 billion in 1998 features oracle mergers and acquisitions microsoft. At the same time, compaq, through its acquisitions of the digital equipment corporation last year and tandem computer in 1997, had tried to become a major systems company, like ibm and hewlett-packard. Uva-f-1450 -2-the proxy effective february 4, 2001, hewlett-packard company and compaq computer corporation filed with the securities and exchange commission a joint proxy statement and.