The 47-year-old Fiorina, who came to HP from Lucent, faces especially intense scrutiny because she was so widely heralded upon becoming HP's chief executive. On paper, it would seem that HP would be responsible for paying the fee because most of the shareholder opposition is coming from HP's side, but breakup negotiations are never simple. HP bought Compaq for US$ 24 billion in stock. Here is the worst merger ever: In the late 1980's, HP determined that their PA-RISC systems architecture for enterprise-class servers was going to hit a performance scaling threshold and began to investigate a new systems architecture, VLIW (Very Long Instruction Word). But even in that 11th-hour rejection, the merger never made it to a shareholder vote: Lucent balked in June because it wouldn't have equal representation on the board. Seen by both executives at HP and Compaq as a redundant overlapping product under the new merged company and with Intel's IA-64 efforts underway, the Alpha -- arguably a much more mature, better supported and more desirable platform was phased out. That means that both companies could have critical information about the other's pricing and strategy--in some cases for several years out. about You agree to receive updates, alerts, and promotions from the CBS family of companies - including ZDNet’s Tech Update Today and ZDNet Announcement newsletters. lakes, ALL RIGHTS RESERVED. HP-Compaq would offer the most complete set of products and services in the computer industry.The motivation behind a HP-Compaq merger (whether it made economic sense) and the problems encountered in merging operations is an interesting discussion as the stock prices of both HP and Compaq fell within two days of the merger announcement. An executive at Dell publicly referred to the product as an "Albatross". You may unsubscribe at any time. develops This was the largest ever deal in the history of the computer industry. HP was started in California in 1938 as an electronic instruments company. 1 in Fortune magazine's 2001 "Power 50" ranking of powerful women in business--the same placing she's received every year since the list debuted in 1998. ... New Microsoft Teams features: Now you can connect directly to Project and Roadmap apps. software. But Compaq spokesman Arch Currid confirmed that not all members of the integration team have signed nondisclosure agreements. supply Hewlett-Packard's acquisition of Compaq may be complicated and poorly timed, but some experts say undoing the deal could be … and
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