[nukkad] Revealed! The secret memos that ignited the HP/Compaq merger

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Revealed! The secret memos that ignited the HP/Compaq merger
By Andrew Orlowski in San Francisco


We can exclusively bring you the email correspondence that sparked the 
merger talks between Hewlett Packard and Compaq. Analysts have been puzzling 
how this unlikely pairing took place.

Now we can explain how the two industry giants embarked on their their 
discussions, amidst great secrecy, earlier this summer:-

It began with an exploratory foray from the HP Chief Executive:-


From: "FIORINA, CARLY (HP-Cupertino)"
To: "thedon@compaq.com"
Subject: Merger template
Date: 28 July 2001
Attachment: Merger template.DOC

Hi! How are you?

I send you this file in order to have your advice!

See you later. Thanks


This produced a swift response from her Compaq counterpart:-


From: "Michael D. Capellas"
To: "FIORINA, CARLY (HP-Cupertino)"
Subject: re: Merger template
Date: 31 July 2001

Carly,

I'm surprised and delighted by your informal approach.

You'll recall that I mailed you back in March when I offered you the Alpha 
rights again. I wasn't hurt that you didn't reply. Scott still wasn't 
interested so Craig sent some people to work on a technology transfer. Which 
is great - I never could understand that junk.

I'm tremendously interested in a deal. We can get our people and your people 
to work out specifics.

Mike


Talks progressed swiftly, with the broad areas of the merger rapidly agreed 
upon. The details would - as Capellas indicated - be left to hand-picked 
executive teams later in the negotiations:-


From: "FIORINA, CARLY (HP-Cupertino)"
To: "Michael D Capellas"
Subject: RE: re: Merger template
Date: 31 July 2001

OUT OF OFFICE REPLY --------------------------------

I'm out of the office this week.

My [@MACRO, INSERT=important] aides have alerted me to your email and 
[@MACRO, INSERT=vip] I think we should definitely [@MACRO, MARKUP=bold] get 
together at the earliest opportunity.

Carly Fiorina
Chief Executive Office
Hewlett Packard




From: "FIORINA, CARLY (HP-Cupertino)"
To: "Michael D Capellas"
Subject: Re: RE: re: Merger template
Date: 6 August 2001

Rock and Roll!

Let's get this sewn up right away. You know, we had a saying at Schlumberger 
- but I can't remember what it was. Something about logs, or grease. 
Whatever.

This a great opportunity. Let's not waste it.

Mike


And with that, the wheels were set in motion on the biggest IT merger of our 
times.

(On the other hand, if anyone has a more plausible explanation, we haven't 
yet heard it). ®

http://www.theregister.co.uk/content/28/21481.html


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