Compaq Agrees to Purchase Digital in Largest Computer Buyout in History.

From: Knight Ridder/Tribune Business News | Date: January 27, 1998 | Copyright information

By Doug Abrahms, The Washington Times Knight Ridder/Tribune Business News

Jan. 27--Compaq Computer Corp. agreed to buy Digital Equipment Corp. yesterday in the largest computer buyout in history.

With the $9.6 billion acquisi-tion, Compaq becomes one of the world's largest computer companies, able to offer a full range of goods and services and better compete against such industry giants as IBM, Fujitsu Ltd. and NEC.

"We're covering the en...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

Personal Computers at Rock-Bottom Prices.
Kiplinger's Retirement Report ; Personal computers are going for rock-bottom prices. In particular, you can find laptops selling for less than $1,000 from leading manufacturers, such as Dell and Compaq.
Pile 'em high, sell 'em cheap. (personal computers)
The Economist (US) ; HANG on tight. The computer industry is teetering on the edge of trauma just how fast things are changing was demonstrated on October 25th in the boardroom of Compaq, one of the world's most successful personal-computer firms. Rod Canion, Compaq's co-founder and president, entered a board meeting
Compaq says it won't be profitable in current quarter Largest maker of personal computers puts the blame on flat sales, price wars
The Milwaukee Journal Sentinel ; Compaq Computer Corp., the largest maker of personal computers, warned Friday that flat PC sales and price wars would wipe out its profits in the current quarter. Compaq said it had cut prices of its business desktop computers amid intense competition for corporate customers. The warning came two
Soft options: personal computers.
The Economist (US) ; FIERCER and fiercer grows the competition to dominate the next generation of desktop computing. on September 4th Sun Microsystems, leader in the small but fast-growing market for workstations (the sort of high-powered machines that engineers and scientists use), announced plans to create a version
IBM WILL ACCEPT OLD TRADE-INS ON PC-2S ITS PERSONAL COMPUTERS ONLY WILL BE USED FOR CREDIT IN PURCHASE OF NEWER SYSTEM
The Boston Globe ; NEW YORK - International Business Machines Corp. unveiled a program yesterday that will allow people to trade in older IBM personal computers for credit on its new Personal System-2 computers. IBM's announcement came the same day that Houston-based Compaq Computer Corp., its archrival in PCs,
The PC price wars. (personal computers) (includes related article on purchasing used PCs)
U.S. News & World Report ; ... predict with certainty how much lower prices will drop. But nearly three fourths of corporate PC buyers polled by Computer Reseller News, a trade paper, right after the Compaq announcement said they would order as many PCs as usual and not wait for further price ...
Price slashers: personal computers.
The Economist (US) ; TWO giants of the personal-computer industry, Compaq and IBM, are leaping down market, but seem unhappy about it. Not cheap--affordable, is how Compaq executives described, through clenched teeth, a new range of personal computers which they unveiled on June 15th. Whatever adjective is used, the
Percent market share for PC vendors in China.(personal computers)(Brief Article)(Illustration)
China Telecom ; Percent Market Share for PC Vendors in China 1999 2000 2001 2002 2003 Legend 16.7 22.9 22.2 20.6 21.6 Compaq 3.9 2.6 0.8 0 0 H-P 4.4 3.4 2.1 2.6 3.3 IBM 5.4 4.4 3.5 2.9 4.3 Acer 1.4 2.6 2.4 2.6 2.1 Dell 1.4 2.5 3.5 4.4 6.4
IBM Cuts Prices on Many Personal Computers
The Journal Record ; NEW YORK (AP) _ IBM on Tuesday cut prices on many of its personal computers by up to 30 percent, the first phase in the computer giant's strategy to contend with an industry price war. Meanwhile, a top IBM executive said the company had decided not to sell clones of its PCs in the United States,
A survival manual for the new PC's. (personal computers)
U.S. News & World Report ; ... Even Bill Gates, Microsoft's chairman, admits that in the computer business this is going to be the year of confusion.' But the news for individuals and small-business users--as well as for corporate buyers--is good. You have more opportunities to purchase just ...