Word: compaq
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Back in 1982, a brash newcomer called Compaq Computer sprang up to clone IBM personal computers. Last week Compaq became a virtual clone of IBM, the company. The computer maker will pay some $9 billion for Digital Equipment, a dented dynamo of a company based in Framingham, Mass., in a deal that will complete the transformation of Compaq into a global provider of everything from handheld computers to the monster machines that power corporate networks and the Internet. The buyout creates a behemoth with $37 billion in revenues that trails only the $78 billion IBM. "In the early...
...Compaq (1997 revenues: $24.6 billion) survived a near collapse a few years back to become the world's leading PC provider. Last year the company, based in Houston, brought home computing to the masses by popularizing the sub-$1,000 PC. Digital, a legendary innovator in the 1970s and '80s and a legendary disaster in the '90s (it flat missed the PC revolution) had few options. Now Compaq can couple its manufacturing and marketing savvy with Digital's high-end technology and global sales and service reach. Compaq will rely less on hardware, an advantage in an industry whose prices...
Well, again, not quite. The settlement was how politics works in America. The way capitalism works is this: strategists at such vendors as Dell and Compaq let it be known that they had no plans to offend the company that rules their industry by accepting an offer made with a gun to its head. Meanwhile, Gates' browser rival, Netscape CEO Jim Barksdale, held his own Thursday press conference, seizing this window of Microsoft vulnerability to announce that not only will he start distributing Netscape's Navigator browser for free, just like Microsoft, but that he will also give away...
Darn Speedy Link Intel, Microsoft and Compaq say they're developing a way to deliver ultra-fast Internet access over ordinary telephone lines. You could be surfing at 1.5 million bits per second in the not-too-distant future. Full Story...
Promises of higher speed on the Web may come and go, but the Digital Subscriber Line is one you'd better believe in. Why? Because when the combined forces of Compaq, Intel, Microsoft and the Baby Bells join forces on a product, and say they'll have it in stores by Christmas, you can bet the bank you'll be unwrapping it this December. It makes commercial sense for all concerned: "Microsoft and Intel's business depends on increasing bandwith," says TIME senior writer and tech expert Joshua Ramo, "and the margins in the phone business suck...