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Apr 1, 2024 · Compaq, former American computer manufacturer that started as the first maker of IBM-compatible portable computers and quickly grew into the world’s best-selling personal computer brand during the late 1980s and ’90s. Compaq was acquired by the Hewlett-Packard Company in 2002. Compaq was founded in.
Aug 19, 2022 · Compaq’s downfall. These poor decisions mainly came in the form of acquisitions. The company acquired Tandem Computers, a mainframe computer maker, for $3 billion in 1997. It then acquired Digital Equipment Corporation (DEC) in 1998 for $9.6 billion. The DEC acquisition proved to be particularly problematic.
Mar 26, 2024 · Compaq Milestones: First Five Years 1982: Founded with $3k seed funding 1983: Compaq Portable launch 53,000 units sold in Year 1 --> $111 million revenue 1984: Compaq Deskpro launch 40% faster performance than IBM PCs 1986: Enters Fortune 500 as youngest-ever company Five years from founding to Fortune 500 1987: Exceeds $1 billion annual revenue
In addition to designing, developing, manufacturing, and marketing portables, laptops, desktops, workstations, and servers for businesses and consumers, the company also develops and markets computer hardware, software, solutions, and services. Compaq products are marketed in more than 100 countries worldwide.
Apr 11, 2024 · Compaq sold more than 53,000 units in its first year, generating a record-breaking $111 million in revenue. Record sales continued with the portable PC selling $329 million, and $504 million in...
Sep 8, 2011 · The HP-Compaq Merger: Partners Reflect 10 Years Later. By Rob Wright. September 08, 2011, 01:30 PM EDT. When HP and Compaq announced a $25 billion merger agreement 10 years ago this week on...
Compaq Computer Corporation was an American personal computer company founded in 1982, and is now a brand name of Hewlett-Packard. The company was formed by Rod Canion, Jim Harris and Bill Murto — former Texas Instruments senior managers.
