11 Worst Tech Mergers and Acquisitions Ever

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2. HP and Compaq

Value: $25 billion.

In 2002, HP Inc (NYSE:HPQ) merged with Compaq, as HP Inc (NYSE:HPQ) tried to challenge Dell in the PC industry. The deal was opposed by many shareholders from the start, including Walter Hewlett, the son of the company’s founder Bill Hewlett, who had launched and lost a proxy fight opposing the deal. The merger flopped, as HP Inc (NYSE:HPQ) lost focus on its printer business. The company’s CEO Carly Fiorina stepped down in 2005 after the stock lost half its value from when she had started in 1999 and the merger with Compaq is seen as the main catalyst that led to it.

11 Worst Tech Mergers and Acquisitions Ever

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