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Windows 10 Pro. Windows 7.These reliable PCs are built to deliver value and performance. With sleek, streamlined design and great power, they're a welcome addition to your home or office-ready to meet your daily challenges.
Get the power you need at a price within your budget with a reliable Compaq Presario desktop PC. Get just what you need to make computing simple. Whether you're downloading photos from your digital camera or burning those photos onto a DVD to share with family, Compaq Presario PCs handle your everyday tasks with ease. LightScribe media required, sold separately. HP recommends Windows 7. Ready to Shop?
These simple, easy-to-use PCs won't confuse you with features you'll never use. And you get plenty of value for your dollar, as this is a powerful computer from a name you can trust. Get yours today Get the power you need at a price within your budget with a reliable Compaq Presario desktop PC.
Privacy statement. Using this site means you accept its terms. Feedback to Webmaster. To view this page you will leave Compaq. We'll be here when you get back. HP and Compaq work together to get you the products you love.The new HP will offer the industry's most complete set of IT products and services for both businesses and consumers, with a commitment to serving customers with open systems and architectures.
The combined company will have 1 worldwide revenue positions in servers, access devices PCs and hand-helds and imaging and printing, as well as leading revenue positions in IT services, storage and management software. It would also have operations in more than countries and overemployees. Michael Capellas, chairman and chief executive officer of Compaq, will be president. At a particularly challenging time for the IT industry, this combination vaults us into a leadership role with customers and partners -- together we will shape the industry for years to come.
Capellas said, "We are creating a new kind of industry leader -- one founded on customer success, world-class engineering, and best of breed products and services. In sharp contrast to our competitors, we are committed to leading the industry to open, market-unifying architectures and interoperability, which reduce complexity and cost for our customers. With this move, we will change the basis of competition in the industry.
Under the terms of the agreement, unanimously approved by both Boards of Directors, Compaq shareowners will receive 0. The transaction, which is expected to be tax-free to shareowners of both companies for U.
The transaction is expected to be substantially accretive to HP 's pro forma earnings per share in the first full year of combined operations based on achieving planned cost synergies. These anticipated synergies result from product rationalization; efficiencies in administration, procurement, manufacturing and marketing; and savings from improved direct distribution of PCs and servers. Subject to regulatory and shareowner approvals and customary closing conditions, the transaction is expected to close in the first half of In connection with the transaction, both companies have adopted shareowner rights plans; information on these plans will be filed today with the Securities and Exchange Commission.
The merged entity will be headquartered in Palo Alto and retain a significant presence in Houston, which will be a key strategic center of engineering excellence and product development. The new HP will be structured around four operating units that build on the companies' similar go-to-market and product development structures to provide clear customer and competitive focus. Leadership and estimated revenues calculated by combining the two companies' trailing four reported fiscal quarters are as follows:.
The chief financial officer of the combined entity will be Robert Wayman, chief financial officer of HP. Fiorina concluded, "Clearly, the potential of this combination is compelling, but we understand the magnitude of the challenge and the need for discipline and speed. We're helped by the fact that both companies have been pursuing similar organizational structures and sales force models, and there is immense talent resident in both organizations.
We have done comprehensive integration planning and have clear metrics to drive our success. We are committed to achieving the synergies we have identified while maintaining our competitive position and momentum in the marketplace.
Investment Community and Media Event Information. The companies will host a meeting for the investment community Tuesday, Sept. Those unable to attend may listen by calling US or internationalusing reservation number: The event can also be accessed via audiocast at www. The slides used for this presentation will be available on each company's website 10 minutes prior to the start of the event. A replay will be available for 14 days following the meeting at US or internationalusing reservation number: There will also be a question and answer session for the media at a.Compaq a portmanteau of Compatibility And Qualityoccasionally referred to as CQ prior to its final logo was a company founded in that developed, sold, and supported computers and related products and services.
Pfeiffer served through the s. Ben Rosen provided the venture capital financing for the fledgling company and served as chairman of the board for 17 years from until September 28,when he retired and was succeeded by Michael Capellaswho served as the last chairman and CEO until its merger with HP.
Prior to its takeover the company was headquartered in northwest unincorporated Harris CountyTexasthat now continues as HP 's largest United States facility.
The three of them had left due to lack of faith and loss of confidence in TI's management, and initially considered but ultimately decided against starting a chain of Mexican restaurants. The first Compaq PC was sketched out on a placemat by Ted Papajohn while dining with the founders in a Houston pie shop. Unlike many startups, Compaq differentiated its offerings from the many other IBM clones by not focusing mainly on price, but instead concentrating on new features, such as portability and better graphics displays as well as performance—and all at prices comparable to those of IBM's PCs.
In contrast to Dell Computer and GatewayCompaq hired veteran engineers with an average of 15 years experience, which lent credibility to Compaq's reputation of reliability among customers.
Under Canion's direction, Compaq sold computers only through dealers to avoid potential competition that a direct sales channel would foster, which helped foster loyalty among resellers. By giving dealers considerable leeway in pricing Compaq's offerings, either a significant markup for more profits or discount for more sales, dealers had a major incentive to advertise Compaq. Other key executives responsible for the company's meteoric growth in the late 80s and early 90s were Ross A.
Cooley, another former IBM associate, who served for many years as SVP of GM North America; Michael Swavely, who was the company's chief marketing officer in the early years, and eventually ran the North America organization, later passing along that responsibility to Cooley when Swavely retired.
In the United States, Brendan A. Area of Operations. These executives, along with other key contributors, including Kevin Ellington, Douglas Johns, Steven Flannigan, and Gary Stimac, helped the company compete against the IBM Corporation in all personal computer sales categories, after many predicted that none could compete with the behemoth. The soft-spoken Canion was popular with employees and the culture that he built helped Compaq to attract the best talent.
Instead of headquartering the company in a downtown Houston skyscraper, Canion chose a West Coast-style campus surrounded by forests, where every employee had similar offices and no-one not even the CEO had a reserved parking spot. At semi-annual meetings, turnout was high as any employee could ask questions to senior managers.
Incompany co-founder Bill Murto resigned to study at a religious education program at the University of St. Murto had helped to organize the company's marketing and authorized-dealer distribution strategy, and held the post of senior vice president of sales since June Murto was succeeded by Ross A. Cooley, director of corporate sales. Cooley would report to Michael S.
Swavely, vice president for marketing, who has been given increased responsibility and the title of vice president for sales and marketing.
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The Compaq Portable was one of the progenitors of today's laptop ; some called it a "suitcase computer" for its size and the look of its case. The Compaq Portable was the first in the range of the Compaq Portable series. Furthermore, Microsoft had kept the right to license the operating system to other computer manufacturers.
Unlike other companies, Compaq did not bundle application software with its computers. Vice President of Sales and Service H. Sparks said in early . We've considered it, and every time we consider it we reject it.