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By Peter H. Lewis and Peter H. Lewis,New York Times News Service | October 24, 1990
Reinforcing its reputation as the personal computer industry's technology leader, the Compaq Computer Corp. has become the first company to fit the full power of a desktop PC into a laptop small enough to carry in a briefcase.In doing so, Compaq has come close to creating a single computer that can meet the needs of an executive, both in the office and on the road.The Compaq LTE 386s/20 laptop weighs 7.5 pounds. At 11 inches wide, 8.5 inches deep and 2.2 inches tall, it is roughly the size of a middleweight telephone book.
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BUSINESS
By Cox News Service | May 1, 2007
She was seen as both visionary and villain; corporate savior and spoiler. But five years after engineering the merger of Hewlett-Packard Co. and Compaq Computer Corp., Carly Fiorina says it's obvious she was right all along. In a telephone interview from Silicon Valley in California, where she still makes her home, Fiorina said she's not surprised HP is doing well today, and that archrival Dell Inc. is having problems. "The success of the company today is exactly what we predicted and expected," she said.
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BUSINESS
By Seattle Times | April 14, 1993
Two longtime partners in personal computing, Microsoft and Compaq, have agreed to a partnership that will put them in the forefront of emerging markets for hand-held, pen-based, voice-controlled and "plug-and-play" devices.The pact represents Microsoft's most extensive agreement with a hardware manufacturer since its 12-year-old partnership with IBM dissolved last year. It also gives the No. 1 software maker a strategic means of answering Apple Computer's Newton and the AT&T-backed EO, pen-based personal communicators and information managers.
BUSINESS
By Terril Yue Jones and Terril Yue Jones,LOS ANGELES TIMES | August 26, 2003
When Hewlett-Packard Co. bought Compaq Computer Corp. last year in a $19 billion blockbuster technology deal, the company expected to become the undisputed leader in the crucial market for personal computers. Instead, HP is struggling to retain the top spot and is losing money to boot. Last week, the Palo Alto, Calif., computer giant reported dismal results for its fiscal third quarter, prompting investors to shave more than $7 billion off the company's market value as its stock plunged more than 10 percent in one day. The worst of the bad news: HP's struggling PC unit had slipped back into the red after two quarters of meager profits.
BUSINESS
By Bloomberg Business News | December 24, 1994
Compaq Computer Corp. will ship more personal computers in 1994 than the company that coined the term "PC," knocking International Business Machines Corp. from the top spot for the first time.Compaq may widen its lead in 1995, partly because of its popular line of "multimedia" personal computers and lively demand from consumers who want a PC at home.For the first time, the PC is truly "personal": About half of all IBM-clone PCs sold in the fourth quarter were for home use, analysts said.And Compaq is in a position to build on its hold in the thriving home-computer segment, whereas IBM's traditional PC strength is among business customers, analysts said.
BUSINESS
By PETER H. LEWIS and PETER H. LEWIS,New York Times News Service | June 22, 1992
Fulfilling a vow made in its darkest hours, the Compaq Computer Corp. has introduced two new families of desktop computers that are hundreds, and in some cases thousands, of dollars less expensive than the company's premium Deskpro/M machines.Suggested list prices for Compaq's new Prolinea computers start as low as $899, and one can assume the discounted price will be even lower. Compaq has designed the new Prolinea computers for entry-level customers, primarily for home use.A second new family of computers, called the Deskpro/i series, includes larger business machines priced to compete with models from companies like Dell, AST Research and Gateway 2000.
BUSINESS
By BLOOMBERG NEWS | March 21, 1998
BRUSSELS, Belgium -- Compaq Computer Corp.'s $8.35 billion acquisition of Digital Equipment Corp. is likely to face a full inquiry by the European Union, possibly delaying the computer industry's biggest takeover, analysts and lawyers said yesterday.The European Commission, which enforces EU antitrust policy, is expected to disclose early next week whether it will extend its deadline for a decision by four months. That could push a ruling into late July.Regulators are investigating whether a combination of No. 1 personal computer maker Compaq with Digital will limit a rival's access to the European market for PCs and computer services.
BUSINESS
By Knight-Ridder News Service | October 5, 1992
REVIEWS LASERJET IIISi$5,495. From Hewlett-Packard Co., 11311 Chinden Blvd., Boise, Idaho 83714. Call (800) LASERJET.PAGEMARQ 15 and PAGEMARQ 20$5,499 (Pagemarq 20), $3,999 (Pagemarq 15). From Compaq Computer Corp., Printer Division, P.O. Box 692000, Houston, Texas 77269. Call (800) 345-1518.Summary: Compaq's new Pagemarq laser printers are for networks. One is faster and holds more blank paper than, and the other is less expensive than, the reigning H-P IIISi. Both Pagemarqs print at higher resolution than the H-P and offer ~~TC unique built-in fax modem for sending or receiving and printing faxes.
BUSINESS
By New York Times News Service | July 22, 1993
Compaq Computer Corp. proved yesterday that it is the personal-computer maker faring best in the industry price war, reporting that its profits tripled in the second quarter.The surge in Compaq's earnings comes as other leading personal-computer makers, including Apple Computer Inc. and Dell Computer Corp., have suffered losses.Compaq, by contrast, changed the way it did business last year, cutting costs and overhauling its marketing, manufacturing and product strategies. Its second-quarter results underscored the success of its turnaround.
NEWS
By NEW YORK TIMES NEWS SERVICE | September 4, 2001
Hewlett-Packard Co. will announce today that it is acquiring Compaq Computer Corp. for $25 billion in stock in a bold move to grow as the computer business struggles with shrinking sales, executives close to the negotiations said last night. The merger, if completed, would produce a company with total revenue only slightly less than that of IBM Corp., the largest computer company. But both Hewlett-Packard and Compaq have recently seen revenues slide and profits plunge because of a computer industry slowdown, and both have announced job cuts.
ENTERTAINMENT
By MIKE HIMOWITZ | January 16, 2003
OVER THE years, I've tried out plenty of technological breakthroughs. Most wind up on my forget-it list because they don't work or aren't useful enough to justify their cost in dollars or effort. Pen-based computers are a case in point. With the exception of small, handheld personal organizers such as the Palm Pilot and its successors, nobody has been able to do this right - until now. The Compaq Tablet PC TC1000 from Hewlett Packard comes remarkably close to living up to the hype for a new generation of lightweight computers built around Microsoft's Tablet version of Windows XP. In fact, I've never heard so many exclamations of "cool" and "amazing," and "slick" as I did when I invited friends, colleagues and relatives to try their hand at scribbling on the screen.
ENTERTAINMENT
July 18, 2002
Here's how tech manufacturers stacked up in PC Magazine's reliability poll of 15,000 readers. The total number of responses is shown next to each company. Desktops Dell (1,253) A Gateway (578) B+ Locally built (1,375) B+ IBM (217) D Hewlett-Packard (582) D-- Compaq (663) E Laptops Apple (100) A Hewlett-Packard (338) A IBM (910) A Toshiba (875) A Dell (1,684) B+ Fujitsu (106) B Sony (343) B-- Gateway (299) C Compaq (945) E Printers Hewlett-Packard (3,530) A+ Epson (1,258)
BUSINESS
By BLOOMBERG NEWS | June 5, 2002
BOSTON - Hewlett-Packard Co., the world's largest maker of personal computers, blamed lower demand as it reduced its sales estimates yesterday for the second half of its fiscal year, which ends Oct. 31. The forecast was the company's first since buying Compaq Computer Corp. Acquisition costs related to Compaq will be $2.6 billion, 86 percent more than forecast, because of higher severance expenses and $500 million to write off good will, said Jeffrey J. Clarke, Compaq's former chief financial officer and co-leader of the integration team.
BUSINESS
By BLOOMBERG NEWS | May 4, 2002
PALO ALTO, Calif. - Hewlett-Packard Co. Chairwoman and Chief Executive Officer Carelton S. "Carly" Fiorina will have little time to celebrate now that the company has completed the $18.9 billion purchase of Compaq Computer Corp. after an eight-month struggle. The 47-year-old CEO lobbied skeptical investors, fought heirs of her company's founders and convinced a judge that she hadn't misled shareholders in her push to close the deal. Investors say all of that might look easy compared with what's next: stitching together the world's second- and third-largest computer makers.
BUSINESS
By Jay Hancock | March 24, 2002
CARLY GOT the votes. Walter got the cheers. Hewlett-Packard heir Walter B. Hewlett, who apparently failed last week to torpedo the company's merger with Compaq, overcame his expensive gray suit to wax wiry and nerdy at the shareholders meeting. He hasn't written any printer-driver software lately, but no matter. A Fred MacMurray haircut, his dad's DNA and glasses that would have been safety-compliant in an HP machine shop made Hewlett the proxy geek and patriarch. His brief thanks to people who voted against the Compaq deal prompted a standing ovation from employees and shareholders.
BUSINESS
By BLOOMBERG NEWS | March 13, 2002
PALO ALTO, Calif. - Hewlett-Packard Co.'s management team will keep their jobs, except for Chairman and Chief Executive Carleton S. "Carly" Fiorina, if the $22.2 billion acquisition of Compaq Computer Corp. isn't approved, dissident director Walter B. Hewlett said yesterday. "All of the senior team will stay; they are all valuable," Hewlett said during a conference call with investors and analysts. "If the merger is defeated, I don't think [Fiorina] will have the credibility to lead this company."
BUSINESS
By BLOOMBERG NEWS | June 26, 2001
NEW YORK -Compaq Computer Corp., the biggest personal-computer maker, said yesterday that it will phase out its Alpha-brand server-computer chips and instead use Intel Corp. processors for its most powerful machines. All of Compaq's servers will be based on Intel's Itanium chip by 2004, the company said. Compaq plans to build one more version of the Alpha chip and will transfer its Alpha-related technology to Intel. Terms weren't disclosed. Intel plans to offer jobs to Compaq chip designers and related staff.
BUSINESS
By BLOOMBERG NEWS | February 27, 2002
PALO ALTO, Calif. - Hewlett-Packard Co. Chief Executive Officer Carleton S. "Carly" Fiorina and Compaq Computer Corp. CEO Michael Capellas together might be paid more than $115 million if the two computer makers combine, director Walter B. Hewlett said. For weeks, Hewlett has been pressing the companies to disclose what top officials would be paid if shareholders approve HP's plan to buy Compaq. He says the pay packages may affect investors' votes on the deal. Yesterday, he released figures - two years' salary, bonuses and stock options - he said the companies considered when they announced the takeover agreement.
BUSINESS
By BLOOMBERG NEWS | February 23, 2002
PALO ALTO, Calif. - Hewlett-Packard Co.'s six outside directors said yesterday that Walter B. Hewlett has no meaningful plan for the computer maker's future if it drops the proposed acquisition of rival Compaq Computer Corp. for $20.9 billion. "All he continues to do is say `no' to the pending Compaq merger, but he offers nothing meaningful in its place," directors including Boeing Co.'s Chief Executive Officer Philip M. Condit and Barclays Global Investors' CEO Patricia C. Dunn said in a letter to shareholders.
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