Compaq

related topics
{company, market, business}
{system, computer, user}
{game, team, player}
{government, party, election}
{work, book, publish}
{war, force, army}

Compaq Computer Corporation is an American personal computer company founded in 1982. Once the largest supplier of personal computing systems in the world,[1] Compaq existed as an independent corporation until 2002, when it was acquired for $25 billion by Hewlett-Packard.[2][3]

The company was formed by Rod Canion, Jim Harris and Bill Murto — former Texas Instruments senior managers. The name "COMPAQ" was derived from "Compatibility and Quality",[4] as at its formation Compaq produced some of the first IBM PC compatible computers.[5][6]

Prior to its takeover the company was headquartered in northwest unincorporated Harris County, Texas, United States.[7]

Contents

History

1980s

Compaq was founded in February 1982 by Rod Canion, Jim Harris and Bill Murto, three senior managers from semiconductor manufacturer Texas Instruments. Each invested $1,000 to form the company. Their first venture capital came from Benjamin M. Rosen and Sevin Rosen Funds. The original Compaq PC was first sketched out on a placemat by the founders while dining in a local Houston restaurant, House of Pies.[8]

Full article ▸

related documents
Keiretsu
Foreign relations of Madagascar
Business model
Economy of Gabon
Xerox
Economy of Liechtenstein
TeliaSonera
Backwardation
Economy of Thailand
Economy of Austria
Economy of Saint Lucia
International Fund for Agricultural Development
Cantor Fitzgerald
ITT Corporation
Corel Corporation
Five-Year Plans for the National Economy of the Soviet Union
Perestroika
Representative money
Cash flow
Blood diamond
Economy of Mali
Volkswagen Group
High-yield debt
Market socialism
Building society
Tragedy of the anticommons
Dow Jones & Company
International Finance Corporation
Management accounting
NASDAQ