(Japanese Site)
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June 18, 1998 (TOKYO) -- Compaq Computer K.K. and Digital Equipment
Corp. Japan (DEC Japan) announced at a press conference held in
Tokyo that they will merge within this year.
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Hajime Takayanagi, president of Compaq Japan, will serve as the
president of the combined company.
DEC stockholders in the United States approved the takeover by
Compaq Computer Corp. of Houston, Texas.
At the press conference in Tokyo, Takayanagi emphasized the impact
of the merger. He said the new company will have a full line of
products, including DEC's Alpha computers, and he noted that the
combined company will have 1,850 employees.
"We are advancing on IBM in scale," Takayanagi said.
"Alpha will continue to be developed, and DIGITAL UNIX will be
positioned as a standard model of the 64-bit machine by the new
company," said Toshio Ueda, president of DEC Japan.
Many details about the combined company have not been decided. The
name hasn't been determined, and Ueda's tasks after the merger are
yet to be firmed up. Moreover, the companies must develop practical
plans for integration of overlapping product groups.
Referring to it as an "inevitable issue," Takayanagi said that
downsizing in Japan is probably imminent, in line with the parent
company's staff reduction plan.
Related stories: Compaq, Tandem Merger is
Smooth: Compaq Japan's Pres.
Digital Japan President Resigns Suddenly
(Hi-Tech News Center)
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