HP and Compaq expect to see "synergies" of $2.4 billion by fiscal 2004, with about three-quarters of that figure coming from layoffs and the remainder coming from logistical improvements.

Compaq CEO Michael Capellas says the proposed merger between Hewlett-Packard and Compaq Computer will stand on its merits, with the keys being strategy and profitability. Written by Larry Dignan ...

Collin Park, a 26 year employee of HP was laid off after the merger. Collin seen here with his family, wife Carol and daughters Sheri,12, (pink shirt) and Jenny,14, (blue shirt).

When the merger plan was announced last September, HP shares were trading around $23.25, and Compaq's were at $12.35. The share-price erosion has reduced the value of the deal to about $20 billion ...

With a shareholder vote two weeks away, Hewlett-Packard Co. got a crucial endorsement for its $22 billion acquisition of Compaq Computer Corp., increasing the companies' chances of completing the ...

Compaq and HP are boasting the combined company will be No. 1 in Unix-based servers, No. 1 in Linux and No. 1 in servers based on Windows/Intel technology. That won't last long, competitors say.

This non-cash charge relates to a change in how HP plans to use the “Compaq” trade name in its branding strategy going forward. As part of our focus on simplifying our marketing and customer ...

HP-Compaq is a done deal: After bitter battle, companies seal $18.7 billion deal. Combined company will begin trading Monday. May 3, 2002: 7:07 PM EDT ...

An HP/Compaq would not likely compete on price against Dell, he says, but instead funnel that money back into R and D to introduce more innovative products. Should the merger occur, ...

Compaq, meanwhile, fell 10%, also to 1996 levels, as investors saw little benefit from a union with HP, whose personal computer business is weaker than Compaq's.