Hewlett-Packard Co., the fabled Silicon Valley computer maker, announced last night that it will purchase rival Compaq Computer Corp. for $25 billion in stock, as the two companies struggle to survive ...

Hewlett-Packard is buying Compaq Computer for $25 billion, a pairing that brings together two of the largest makers of personal computers. The move comes at a time of deep retrenchment in the computer ...

PALO ALTO, Calif. - Hewlett-Packard Co. and Houston-based Compaq Computer Corp. debuted as a merged company today, introducing management teams and product lines and renewing a pledge to cut 15,000 ...

In 1981, engineer Rod Canion left Texas Instruments and co-founded Compaq, which created the first IBM-compatible personal computer. This opened the door to an entire industry of PCs that could run ...

The personal computer industry began in 1977, when Apple, Radio Shack and Commodore introduced off-the-shelf computers as consumer products. Known as the "1977 Trinity," the Apple II, Radio Shack ...