Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Compaq
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Post-merger=== {{pic|Compaq logo new.svg|Logo used from 2007 to 2013; used since 2013 as leased trademarks in South America and India}} Capellas, Compaq's last chairman and CEO, became president of the post-merger Hewlett-Packard, under chairman and CEO [[Carly Fiorina]], to ease the integration of the two companies. However, Capellas was reported not to be happy with his role, being said not to be utilised and being unlikely to become CEO as the board supported Fiorina. Capellas stepped down as HP president on November 12, 2002, after just six months on the job, to become CEO of [[MCI Communications|MCI Worldcom]] where he would lead its acquisition by [[Verizon]]. Capellas' former role of president was not filled as the executives who reported to him then reported directly to the CEO.<ref>{{cite web |url = http://www.silicon.com/technology/networks/2002/11/12/capellas-leaves-hp-11036342/ |title = TechRepublic – A Resource for IT Professionals |publisher = Silicon.com |access-date = 2012-08-26 |url-status = dead |archive-url = https://web.archive.org/web/20120403041405/http://www.silicon.com/technology/networks/2002/11/12/capellas-leaves-hp-11036342/ |archive-date = 2012-04-03 }}</ref><ref>{{cite web |url = http://www.itjungle.com/mid/mid111302-story01.html |title = Guild Companies |publisher = Itjungle.com |date = 2002-11-13 |access-date = 2012-08-26 |url-status = dead |archive-url = https://web.archive.org/web/20120325164459/https://www.itjungle.com/mid/mid111302-story01.html |archive-date = 2012-03-25 }}</ref> Fiorina helmed the post-merger HP for nearly three years after Capellas left. HP laid off thousands of former Compaq, DEC, HP, and Tandem employees,<ref>{{cite web |last = Wong |first = Nicole C. |url = http://www.signonsandiego.com/uniontrib/20061226/news_1b26hp.html |title = HP hires workers as it lets others go | The San Diego Union-Tribune |publisher = Signonsandiego.com |access-date = 2012-11-16 |url-status = dead |archive-url = https://web.archive.org/web/20110407145556/http://www.signonsandiego.com/uniontrib/20061226/news_1b26hp.html |archive-date = 2011-04-07 }}</ref><ref>{{cite news |url = http://www.denverpost.com/technology/ci_4893866 |title = HP turns to "churn" for survival |newspaper = The Denver Post |access-date = 2012-11-16 }}</ref> its stock price generally declined and profits did not perk up. Several senior executives from the Compaq side including Jeff Clarke and Peter Blackmore would resign or be ousted from the post-merger HP.<ref>{{cite web|url=https://www.networkworld.com/article/2324986/hp-fires-blackmore--other-sales-executives.html|title = HP fires Blackmore, other sales executives|date = 12 August 2004}}</ref> Though the combination of both companies' PC manufacturing capacity initially made the post-merger HP number one, it soon lost the lead and further market share to [[Dell]] which squeezed HP on low end PCs.<ref>{{cite news|url=https://www.sfgate.com/business/article/PROFILE-Duane-Zitzner-From-farmer-to-valley-2751782.php|title = PROFILE / Duane Zitzner / From farmer to valley VP / HP exec goes from milking cows to trying to revive computer sales| newspaper=Sfgate |date = 22 November 2002 | last1=Pimentel | first1=Benjamin }}</ref><ref name="CNET" /><ref>{{cite web |url =https://www.cnet.com/news/hp-works-to-reverse-its-pc-slide/|title = HP works to reverse its PC slide|publisher = CNET|date =2002-08-28 |access-date = 2020-06-11}}</ref> HP was also unable to compete effectively with IBM in the high-end server market. In addition, the merging of the stagnant Compaq computer assembly business with HP's lucrative printing and imaging division was criticized for obstructing the profitability of the printing/imaging segment.<ref name="autogenerated2b">{{cite news |url = http://tech.fortune.cnn.com/2012/03/29/hps-printer-problem/ |title = HP's printer problem – Fortune Tech |publisher = Tech.fortune.cnn.com |date = 2012-03-29 |access-date = 2013-06-10 |archive-url = https://web.archive.org/web/20130721185202/http://tech.fortune.cnn.com/2012/03/29/hps-printer-problem/ |archive-date = 2013-07-21 |url-status = dead }}</ref> Overall, it has been suggested that the purchase of Compaq was not a good move for HP, due to the narrow profit margins in the commoditized PC business, especially in light of IBM's 2004 announcement to sell its PC division to [[Lenovo]]. ''The Inquirer'' noted that the continued low return on investment and small margins of HP's personal computer manufacturing business, now named the Personal Systems Group, "continues to be what it was in the individual companies, not much more than a job creation scheme for its employees".<ref name="theinquirer1" /> One of the few positives was Compaq's sales approach and enterprise focus that influenced the newly combined company's strategy and philosophy.<ref>{{cite web|url=https://www.crn.com/news/mobility/231601009/the-hp-compaq-merger-partners-reflect-10-years-later.htm|title = The HP-Compaq Merger: Partners Reflect 10 Years Later|date = 8 September 2011}}</ref> In February 2005, the board of directors ousted Fiorina, with CFO [[Robert Wayman]] being named interim CEO.<ref name="edition.cnn.com">{{cite news |url = http://edition.cnn.com/2005/BUSINESS/02/09/hp.fiorina.ousted/ |work = CNN |title = HP boss Fiorina ousted by board |date = February 9, 2005 }}</ref> Former Compaq CEO Capellas was mentioned by some as a potential successor, but several months afterwards, [[Mark Hurd]] was hired as president and CEO of HP. Hurd separated the PC division from the imaging and printing division and renamed it the Personal Systems Group, placing it under the leadership of EVP Todd R. Bradley. Hewlett Packard's PC business has since been reinvigorated by Hurd's restructuring and now generates more revenue than the traditionally more profitable printers. By late 2006, HP had retaken the #1 sales position of PCs from Dell, which struggled with missed estimates and poor quality, and held that rank until supplanted in the mid-2010s by [[Lenovo]]. Most Compaq products have been re-branded with the HP nameplate, such as the company's market leading ProLiant server line (now owned by [[Hewlett Packard Enterprise]], which spun off from HP in 2015), while the Compaq brand was repurposed for some of HP's consumer-oriented and budget products, notably Compaq Presario PCs. HP's business computers line was discontinued in favour of the Compaq Evo line, which was initially rebranded HP Compaq but now use brands such as [[HP EliteBook|EliteBook]] and [[HP ProBook|ProBook]], among others. HP's Jornada PDAs were replaced by Compaq iPAQ PDAs, which were renamed HP iPAQ. Following the merger, all Compaq computers were shipped with HP software. In May 2007, HP announced in a press release a new logo for their Compaq Division to be placed on the new model Compaq Presarios.<ref>{{cite press release |url = http://www.hp.com/hpinfo/newsroom/feature_stories/2007/07mobility.html |title = Connect at the speed of business: HP Feature story (May 2007) |access-date = 2008-01-31 |publisher = Hewlett-Packard }}</ref> In 2008, HP reshuffled its business line notebooks. The "Compaq" name from its "HP Compaq" series was originally used for all of HP's business and budget notebooks. However, the [[HP EliteBook]] line became the top of the business notebook lineup while the HP Compaq B series became its middle business line.<ref>{{cite press release |url = http://h41131.www4.hp.com/uk/en/press/hp-debuts-hp-elitebook--expands-business-notebook-portfolio.html |title = HP Debuts HP EliteBook, Expands Business Notebook Portfolio |access-date = 2008-06-17 |publisher = Hewlett-Packard }}</ref> As of early 2009, the "[[HP ProBook]]" filled out HP's low end business lineup.<ref>{{cite press release |url = http://www.hp.com/hpinfo/newsroom/press/2009/090428xa.html |title = HP Unveils HP ProBook Notebook PC Line |access-date = 2008-06-17 |publisher = Hewlett-Packard }}</ref> [[File:HP Compaq 6730b.jpg|thumb|An HP Compaq laptop]] In 2009, HP sold part of Compaq's former headquarters to the [[Lone Star College System]].<ref name="lonestar1">{{cite press release |url = http://old.lonestar.edu/156806/ |title = LSCS purchases center core of HP north campus |access-date = 2009-07-21 |publisher = Lone Star College System }}{{dead link|date=May 2017 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> On August 18, 2011, then-CEO of HP [[Léo Apotheker]] announced plans for a partial or full spinoff of the Personal Systems Group. The PC unit had the lowest profit margin although it accounted for nearly a third of HP's overall revenues in 2010. HP was still selling more PCs than any other vendor, shipping 14.9 million PCs in the second quarter of 2011 (17.5% of the market according to [[Gartner]]), while Dell and Lenovo were tied for second place, each with more than a 12% share of the market and shipments of over 10 million units.<ref>{{cite news |url = https://money.cnn.com/2011/08/18/technology/hp_pc_spinoff/index.htm |work = CNN |title = HP kills TouchPad, looks to exit PC business |date = August 18, 2011 }}</ref><ref>{{cite magazine |url = https://www.macworld.com/article/161815/2011/08/hp_to_spin_off_pc_business_shutter_webos_device_division.html |title = HP to spin off PC business, shutter webOS device division |magazine = [[Macworld]] | first1=Agam |last1 = Shah | first2=Joab |last2=Jackson | date = 18 August 2011 |access-date = 2012-08-26 }}</ref> However, the announcement of the PC spinoff (concurrent with the discontinuation of WebOS, and the purchase of Autonomy Corp. for $10 billion) was poorly received by the market, and after Apotheker's ouster, plans for a divestiture were cancelled.<ref>{{cite news |last = Worthen |first = Ben |url = https://www.wsj.com/articles/SB10001424052970203499704576625434293946542 |title = H-P Rethinks PC Spinoff - WSJ.com |publisher = Online.wsj.com |date = 2011-10-12 |access-date = 2012-11-16 | url-access=subscription }}</ref><ref>{{cite web |url = http://www.ibtimes.com/hp-buy-autonomy-spin-pc-unit-stock-dropping-301481 |title = HP to Buy Autonomy; Spin Off PC Unit, Stock Dropping |date = 18 August 2011 |publisher = Ibtimes.com |access-date = 2012-11-16 }}</ref> In March 2012, the printing and imaging division was merged into the PC unit.<ref name="autogenerated2b"/> In October 2012, according to Gartner, Lenovo took the lead as the number one PC manufacturer from HP, while [[International Data Corporation|IDC]] ranked Lenovo just right behind HP.<ref>{{cite news |last = Gupta |first = Poornima |url = https://www.reuters.com/article/us-lenovo-hp-gartner-idUSBRE8991RF20121011 |title = Lenovo knocks HP from top of global PC market: Gartner |work = Reuters |date = 2012-10-11 |access-date = 2012-11-16 |archive-date = 2012-11-13 |archive-url = https://web.archive.org/web/20121113185153/http://www.reuters.com/article/2012/10/11/us-lenovo-hp-gartner-idUSBRE8991RF20121011 |url-status = live }}</ref> In Q2 2013, ''[[Forbes]]'' reported that Lenovo ranked ahead of HP as the world's number-one PC supplier.<ref>[https://www.forbes.com/sites/simonmontlake/2013/07/11/lenovo-shares-jump-as-pc-shipments-overtake-hp/ Lenovo Shares Jump As PC Shipments Overtake HP]. 7/11/2013</ref> In 2013, HP discontinued the Compaq brand in the United States; that same year, Globalk (a Brazilian-based retailer and licensing management firm) started a partnership with HP to re-introduce the brand with a new line of desktop and laptop computers.<ref name=compaqglobalk>{{cite web|title=Sobre a Compaq|url=https://www.compaq.com.br/institucional/sobre-compaq|access-date=2021-11-13|website=www.compaq.com.br|archive-date=November 13, 2021|archive-url=https://web.archive.org/web/20211113185350/https://www.compaq.com.br/institucional/sobre-compaq|url-status=dead}}</ref> The brand has since been relicensed to [[Positivo Tecnologia]] (a Brazilian-based computer technology company) on April 13, 2021.<ref name=compaqpositivo>{{cite web|title=Sobre|url=https://www.compaq.com.br/sobre/|access-date=2024-11-18|website=www.compaq.com.br}}</ref><ref>{{Cite web|url=https://www.compaq.com.br/suporte/|title=Suporte - Compaq|access-date=2025-05-16|website=www.compaq.com.br}}</ref> In 2015, Grupo Newsan (an Argentinian-based company) acquired the brand's license, along with a $3 million investment, and developed two new lines of Presario notebooks for the local market over the course of the year.<ref>{{cite web|url=http://www.newsan.com.ar/en/portfolio/grupo-newsan-y-hp-confirman-acuerdo-para-producir-en-el-pais/|title=Grupo Newsan y HP confirman acuerdo para producir en el paísGrupo Newsan y HP confirman acuerdo para producir en el país|website=Newsan|language=en-US|access-date=2019-05-30|archive-url=https://web.archive.org/web/20190530123130/http://www.newsan.com.ar/en/portfolio/grupo-newsan-y-hp-confirman-acuerdo-para-producir-en-el-pais/|archive-date=2019-05-30|url-status=dead}}</ref><ref>{{cite web|url=http://www.newsan.com.ar/es/portfolio/compaq-presenta-su-nueva-linea-de-notebooks-con-procesadores-intel-core-de-6ta-generacion/|title=Compaq presenta su nueva línea de Notebooks con procesadores Intel® Core de 6ta Generación|website=Newsan|language=es-AR|access-date=2019-05-30|archive-url=https://web.archive.org/web/20190530123128/http://www.newsan.com.ar/es/portfolio/compaq-presenta-su-nueva-linea-de-notebooks-con-procesadores-intel-core-de-6ta-generacion/|archive-date=2019-05-30|url-status=dead}}</ref> In March 2019, the website for Compaq's Argentine division went offline; the last archived copy of the site was made in October 2018, featuring the same models that were first introduced in 2016.<ref>{{cite web|url=http://compaq.com.ar|title=Compaq|last=Cuoma|archive-url=https://web.archive.org/web/20181023050347/http://www.compaq.com.ar/donde-comprar|archive-date=2018-10-23|url-status=dead|access-date=29 June 2016}}</ref> In 2018, Ossify Industries (an Indian-based company) entered a licensing agreement with HP to use the Compaq brand name for the distribution and manufacturing of [[Smart TV]] sets.<ref name=compawossify>{{cite web|title=Compaq|url=http://compaq.tv/about|access-date=2021-11-13|website=compaq.tv|archive-date=2021-11-13|archive-url=https://web.archive.org/web/20211113185344/http://compaq.tv/about|url-status=dead}}</ref><ref>{{Cite web|url=https://compaq.com.in/about/|title=About|access-date=2025-05-16|website=compaq.com.in}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)