Compaq Computers
Compaq Computer Corporation was founded in February 1982 by Rod Canion, Jim Harris and Bill Murto, three senior managers who left Texas Instruments and invested $1,000 each to form their own company. Their first idea was a portable personal computer that was sketched on a paper placemat in a Houston pie shop. The founders presented their idea to Ben Rosen, president of Sevin Rosen Partners, a high-tech venture capital firm. The venture capitalists were impressed with the idea of a portable product innovated within the emerging standard and agreed to fund the new company.
Their brainchild was the world's first standard-based portable computer and it was extremely successful. In the first ...
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of computers. Even though Compaq is in a very competitive industry where alliances are not only formed with one company, but with several at once.
Compaq has become one of the world's most successful companies in the computer industry and has been recognized as Forbes Magazine's 1997 Company of the Year and is ranked no.42 in 1998 Fortune's 500. Currently, Compaq is partnering with a large number of prominent Canadian and multinational information technology firms, including Asset Software International (ASI), Celestia, Delrina (Symantec), Intel, Lotus, Matrox, Microsoft, Novell, Oracle, SAP, Tandem and many others, in order to gain a competitive advantage by sharing resource, knowledge, and cost. In 1996, Compaq and Intel Corporation began a ten-year cross licensing agreement. Competitors of Compaq include Sony Corp and Dell Computer Corp., among other companies. For example, Sony President Nobuyuki Idei was quoted as saying, "In order to compete with Dell and Compaq, we ...
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beneficial to all involved parties. In the above example, it can be found that a growing number of companies are lining up to support the computer industry's standard for digital television, including C-Cube Microsystems Inc. However, Compaq has struggled for much of the past year to become more competitive with companies like Round Rock based Dell Computer corp., the No. 1 direct PC seller. At the same time, it's trying to meld the services and sophisticated computers gained from its $9 billion purchase of Digital Equipment Corp.
Compaq's expansion worldwide has made its presence through a range of geographic divisions with offices in North America, Asia Pacific, Japan, Latin ...
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Compaq Computers. (2008, November 29). Retrieved April 24, 2024, from http://www.essayworld.com/essays/Compaq-Computers/93858
"Compaq Computers." Essayworld.com. Essayworld.com, 29 Nov. 2008. Web. 24 Apr. 2024. <http://www.essayworld.com/essays/Compaq-Computers/93858>
"Compaq Computers." Essayworld.com. November 29, 2008. Accessed April 24, 2024. http://www.essayworld.com/essays/Compaq-Computers/93858.
"Compaq Computers." Essayworld.com. November 29, 2008. Accessed April 24, 2024. http://www.essayworld.com/essays/Compaq-Computers/93858.
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