View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 7, 1995


By CBR Staff Writer

Compaq Computer Corp clearly intends to build a full-blooded networking equipment business by acquisition, and following its move on network interface board and hub-maker Thomas-Conrad Corp, it has won agreement to acquire hub builder NetWorth Inc for $372m – $42 a share; Networth had sales of $55m in the year to June 30. Founded in 1985 and based in Irving, Texas, and San Jose, NetWorth develops, manufactures and supplies Fast Ethernet hubs, switches and related products. Compaq says it expects to boost NetWorth sales and lower production costs following the acquisition – NetWorth is strong in the US, relatively weak elsewhere.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.