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Sections SEARCH Skip to content Business SUBSCRIBE FOR $0.50 (Cdn)/WEEKLog in Thursday, March 23, 2023 Today’s Paper SUBSCRIBE FOR $0.50 (Cdn)/WEEK Business|Hewlett-Packard in Deal to Buy Compaq for $25 Billion in Stock https://www.nytimes.com/2001/09/04/business/hewlett-packard-in-deal-to-buy-compaq-for-25-billion-in-stock.html * Give this article * * Advertisement Continue reading the main story Supported by Continue reading the main story HEWLETT-PACKARD IN DEAL TO BUY COMPAQ FOR $25 BILLION IN STOCK * Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. Give this article * * * Read in app By Andrew Ross Sorkin and Floyd Norris * Sept. 4, 2001 See the article in its original context from September 4, 2001, Section A, Page 1Buy Reprints New York Times subscribers* enjoy full access to TimesMachine—view over 150 years of New York Times journalism, as it originally appeared. Subscribe *Does not include Crossword-only or Cooking-only subscribers. Hewlett-Packard said yesterday that it was acquiring Compaq Computer for $25 billion in stock in a bold move to grow as the computer industry struggles with shrinking sales. The merger, if completed, would produce a company with total revenue only slightly less than that of I.B.M., the largest computer company. But both Hewlett-Packard and Compaq have recently seen revenue slide and profit plunge because of a industry slowdown, and both have announced job cuts. A correction was made on Sept. 10, 2001 : A front-page article on Tuesday about Hewlett-Packard's plan to acquire Compaq Computer referred incorrectly to a product developed by Intel and Hewlett-Packard for servers. The product, which Compaq said in June that it would support, is a first in a new line of processors, called Itanium, not an operating system. A version of this article appears in print on Sept. 4, 2001, Section A, Page 1 of the National edition with the headline: Hewlett-Packard in Deal to Buy Compaq for $25 Billion in Stock. Order Reprints | Today’s Paper | Subscribe * Give this article * * * Read in app MORE IN BUSINESS Loulou d'Aki for The New York Times WHERE HIGH INTEREST RATES HAVE SENT HOME PRICES SLIDING Satoshi Nagare, via The Nippon Foundation WHY ARE PUBLIC RESTROOMS STILL SO RARE? Advertisement Continue reading the main story Gabriela Hasbun for The New York Times FALLING LITHIUM PRICES ARE MAKING ELECTRIC CARS MORE AFFORDABLE Andres Kudacki for The New York Times THE CHAOTIC, DISPIRITING WORK OF LIQUIDATING HARMON STORES Maja Hitij/Getty Images GERMANY PUSHES FOR EXCEPTION IN LAW BANNING COMBUSTION ENGINES EDITORS’ PICKS Kerry Murray for The New York Times AMERICANS HEAD TO EUROPE FOR THE GOOD LIFE ON THE CHEAP Sinna Nasseri for The New York Times WHY LOOK AT PLANES? 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