View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 9, 1997updated 05 Sep 2016 1:02pm

CSN SAYS COMPAQ’S MAKING EYES AT MICRON, AGAIN

By CBR Staff Writer

Our sister publication ClieNT Server News suggests the Compaq Computer-Micron Electronics acquisition talks are back on again in earnest. The way it hears it, it could happen any minute. In April what were called preliminary discussions imploded without Compaq making a real offer (CI No 3,137). Then in mid-May Micron said its third quarter results would be 10% off its second quarter, depressing its stock price to the $15 range, down from the $22-to-$25 it was at when it was talking to Compaq (CI No 3,160). That price may explain why Compaq may have come around again. Compaq is said to be interested in the two-year-old $1.8bn PC maker for its Dell Computer-competitive direct-mail structure, something that’s expensive to set up and could alienate resellers if Compaq does it itself though it’s said it would.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. 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.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU