Search results
Under Pfeiffer's tenure as chief executive, Compaq entered the retail computer market with the Compaq Presario as one of the first manufacturers in the mid-1990s to market a sub-$1000 PC. In order to maintain the prices it wanted, Compaq became the first first-tier computer manufacturer to utilize CPUs from AMD and Cyrix.
- A Portable, IBM-compatible PC
- Rapid Growth and Industry Impact
- The Compaq Presario: Pivoting to Consumer Markets
- A Record of Bad Acquisitions
- The Decline of Compaq
- The HP Merger
The Compaq Portable was about the size of the typical PC towers that we have today, but the all-in-one contained everything one would need for computing on the go, including a 9-inch monochrome monitor and a snap-out keyboard. The unit could fit in the carry-on luggage compartment on an airplane, which was Compaq's intent. Powered by an Intel 4.77M...
The momentum of those first few years made Compaq a leader in the PC industry. In 1986, the company broke another recordby becoming the youngest company listed in the Fortune 500, right after the Compaq Portable II's release. By 1987, the computing startup had reached over $1 billion in revenue. At this time, one of the founders, Bill Murto, left h...
COO Eckhard Pfeiffer became the new CEO and led the company in a new direction. Up to this point, Compaq had focused on marketing and producing systems like the Compaq DeskPro and SystemPro intended for the enterprise market. The Compaq Presario was one of the first consumer PCs that sold for under $1,000, it was a hit. Pfeiffer's vision was to int...
The company started manufacturing printers in 1989 and those were well received, but Pfeiffer did not feel that Compaq had the resources to compete with printer king Hewlett Packard, which owned 60 percent of the market at the time. Compaq sold off its printer division to Xeroxfor a mere $50 million in 1994. Compaq Presario CDS 524 (above) and Comp...
The DEC acquisition was arguably the beginning of the end for Compaq. As it goes, when one company takes over another, workspace cultures collide. A large number of layoffs occurred, and company morale tanked. The shakeup led to missed deadlines and unmoved products. Compaq was shipping too many units to retailers, who ultimately had to dump the su...
In 2002, HP absorbedCompaq for $42.2 billion. Compaq shareholders retained 36 percent of the merged company while HP held the remaining 64 percent. Despite doling out more than $634.5 million in bonuses to retain key personnel, there were still more than 15,000 layoffs after the two companies finalized the deal. Furthering tension saw the Compaq br...
- Cal Jeffrey
Aug 19, 2022 · This continued throughout the early-mid 2000s and HP started to remove almost all original Compaq branding from its laptops. A new logo, HP software as a standard, and pushing their better performing HP Elitebooks and Probooks was the death for the Compaq brand. From 2013, Compaq almost ceased to exist.
- Co-Founder And CEO of BGFG
Oct 6, 2016 · Only a year after the Portable III, Compaq shipped its first laptop computer, the SLT/286, which was possibly the first laptop in the world to ship with a VGA resolution LCD screen (monochrome...
Sep 9, 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 PC brand during the late 1980s and ’90s. Compaq was acquired by the Hewlett-Packard Company in 2002.
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.
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.
