Economics & Industry

Compaq's $9 Billion Acquisition of Digital Equipment

Compaq Computer announced a landmark acquisition of Digital Equipment Corporation for approximately $9 billion. This deal marked a pivotal moment in the tech industry, significantly enhancing Compaq’s hardware offerings. The acquisition was aimed at consolidating Compaq’s position in the rapidly evolving computer market. Digital, known for its pioneering work in computer technology, was struggling to compete against larger rivals, making this merger an impactful strategic decision for both companies.

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