Slashdot Mirror

← Back to Stories (view on slashdot.org)

HP/Compaq Merger Apparently Approved

Posted by ryuzaki0 on from the gobble-gobble-gobble dept.

Spinality writes "Looks like HP's hotly contested merger with Compaq is going ahead. Various news headlines such as this one at Bloomberg.com report that stockholders voted to merge, against the wishes of the Hewlett and Packard families. " There isn't official word yet, but this looks like it's pretty much a done deal. Anyone else think the business world looks like a game of Pac Man?

1 of 297 comments (clear)

  1. No, Seriously, It's a Good Thing(TM) by Anonymous Coward · · Score: 0, Troll

    HP products have been in a sales slump and design quandry for years... their products just are not what they used to be, but they still have brand loyalty and name recognition. Compaq has steadily lost out to Dell and IBM in all areas. This merger, if carried through correctly (and Fiorina is not the person to do the job right... where is Iaccoca when you need him) will result in a more powerful company that has both brand recognition and excellent technical research divisions for product research and innovative design.

    The two companies on their own are doomed to failure in the long run given the big boys in Japan, IBM, and Dell being their competition. If the merger is handled wrong, you end up with an impotent and disorganized company with infighting all around... also dooming it to eventual failure.

    Just my two pence...