HP’s Compaq Conquest: A Success Story or a Costly Blunder?
In 2002, Hewlett-Packard (HP) made a bold move by acquiring Compaq, a rival computer manufacturer, in a massive $25 billion deal. The acquisition was met with skepticism by many industry analysts, who questioned the wisdom of combining two companies with different corporate cultures and product lines. However, HP’s then-CEO Carly Fiorina was convinced that the …