M&A Deal Summary

HP Acquires Compaq Computer

On May 3, 2002, HP acquired technology hardware company Compaq Computer for 25.0B USD

Acquisition Highlights
  • This is HP’s 11th transaction in the Technology Hardware sector.
  • This is HP’s largest (disclosed) transaction.
  • This is HP’s 29th transaction in the United States.
  • This is HP’s 4th transaction in Texas.

M&A Deal Summary

Date 2002-05-03
Target Compaq Computer
Sector Technology Hardware
Buyer(s) HP
Deal Type Merger
Deal Value 25.0B USD

Target

Compaq Computer

Houston, Texas, United States
website
Compaq Computer Corporation is a provider of enterprise technology and solutions. Compaq designs, develops, manufactures and markets hardware, software, solutions and services, including enterprise storage and computing solutions, fault-tolerant business-critical solutions, communication products, and desktop and portable personal computers that are sold in more than 200 countries.

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Buyer(S) 1

Buyer

HP

Palo Alto, California, United States

website


Category Company
Founded 1939
Sector Technology Hardware
Employees51,000
Revenue 63.0B USD (2022)
DESCRIPTION
HP's corporate headquarters in Palo Alto, California.
HP's corporate headquarters in Palo Alto, California.

HP is the hardware successor to Hewlett-Packard Company. The Group focuses on providing hardware, printers, and personal computing products. The original Hewlett-Packard Co. dates back to 1939 and the new entity was formed in November 2015. HP was founded in 1939 and is based in Palo Alto, California.


DEAL STATS #
Overall 32 of 95
Sector (Technology Hardware) 11 of 22
Type (Merger) 1 of 1
State (Texas) 4 of 8
Country (United States) 29 of 75
Year (2002) 1 of 1
Size (of disclosed) 1 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-09-06 Artivision Technologies

Singapore

Artivision Technologies Ltd. provides online video publishers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-23 PipeBeach AB

Stockholm, Sweden

PipeBeach products enable users to speak into their mobile phones and devices to obtain Web-based information such as news, stock prices and e-mail, as well as conduct transactions, such as online banking.

Buy -