1998day.year
Compaq Computer pays US$9 billion for Digital Equipment Corporation in the largest high-tech acquisition.
Compaq completes a $9 billion acquisition of Digital Equipment Corporation, marking the largest technology merger to date.
On June 11, 1998, Compaq Computer Corporation announced the purchase of Digital Equipment Corporation (DEC) for approximately $9 billion, creating the largest high-tech acquisition in history at that time. DEC was renowned for its minicomputers and engineering innovations but had faced declining market share in the PC era. Compaq aimed to integrate DEC's enterprise services and customer base with its own manufacturing scale and global sales network. The merger provoked discussions among analysts about cultural fit, strategic synergies, and the future of computer industry consolidation. Stakeholders monitored the integration process closely as the combined company sought to compete more effectively against rivals like IBM and Dell. The deal foreshadowed further consolidation in the tech sector as companies adjusted to rapid technological shifts.
1998
Compaq
Digital Equipment Corporation