A perfect fit
Hewlett Packard's acquisition of Compaq in May 2002 created a multi-billion dollar global technology giant. UK head of legal Gareth John takes Philip Hoult through the nuts and bolts of the merger experience from this side of the Atlantic
The merger of Hewlett Packard (HP) with its rival Compaq was the largest technology merger in history. Announced in September 2001, the board of HP successfully withstood attempts by a group of disgruntled shareholders – led by Walter Hewlett, a member of the founding family – to scupper their vision of an IT giant to rival IBM.
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