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HP, Compaq Deal Approved

EyesWideOpen writes "The merger between Hewlett-Packard Co. and Compaq Computer Corp. (originally reported in this Slashdot story) is now official according to eWeek as well as SiliconValley.com. From the eWeek article:'Hewlett-Packard Co. today announced that it will complete its $19 billion buyout of Compaq Computer Corp. and that the merged companies will formally launch as the new HP on May 7.'For you investors out there, HP will begin trading under the new symbol HPQ on Monday." A message to the Interesting People list gives some insight into the shareholder voting procedure.

2 of 251 comments (clear)

  1. HP-aq?! by nbvb · · Score: 5, Insightful

    OK, now for the Big Questions (tm) regarding this merger...

    The desktop business isn't interesting. Neither are the handhelds, or the printer business.

    What _IS_ interesting is the Big Iron stuff...

    What happens to the PA-RISC stuff? All the HP-UX boxes? Superdome?

    How about the AlphaServers? The GS160's? The Wildfire clusters?

    OpenVMS?

    Himalaya NonStop? Where does _that_ stuff go?

    HP's got a history of taking stuff down the cul-de-sac and strangling it in favor of their own products (look up Apollo if you're curious)...

    So what happens to all the great technologies that Compaq's bought over the years??

    I hope they keep it alive. There's nothing (and I mean NOTHING) that clusters like OVMS. Transaction processing runs like a top on the Himalaya. SuperDome's got some neat functions too.

    This is where the interesting stuff to this merger is going to be. Who cares about the desktop business? :-)

  2. Thank you Mr. Sensitive by Mordaximus · · Score: 5, Insightful

    "from the massive-layoffs-coming-soon dept"
    From all of the employees of Compaq and HP who read Slashdot, Thanks for the reminder.