Compaq to buy Gateway?

Rumors circulated today that Compaq is considering purchasing Gateway 2000,causing the Sioux City, South Dakota company's stock to soar today. Compaq is currently sitting on US$3.5 billion is cash reserves and is interested ingetting into the direct-sales PC market. No one is commenting, but Micronrecently admitted that Compaq had talked to it about a possible buyout aswell

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish