HP To Buy Compaq For $25 Billion!

Published by

Wow baby!! Look at that price!! Imagine how it feels to spend that kind of money...
Anyway, the deal would merge two of the biggest names in computers & printers and would have total revenue only slightly less than IBM, the largest computer company.

"Both boards have approved the transaction, and an announcement is expected Tuesday, according to reports by The New York Times and The Wall Street Journal.

Carleton Fiorina, the chairman and chief executive of HP, will become the new company's chairman and CEO, while Compaq's Chairman and CEO Michael D. Capellas will become president of the new entity, according to The New York Times. "

Check out the