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Compaq Computer Corporation [c] was an American information technology company founded in 1982 that developed, sold, and supported computers and related products and services. Compaq produced some of the first IBM PC compatible computers, being the second company after Columbia Data Products [ 3 ] to legally reverse engineer the BIOS of the IBM ...
The three co-founders received backing from venture capitalist Benjamin M. Rosen, who became chairman of the board of Compaq. [1]During Canion's tenure as Compaq's CEO, the company set records for the highest first-year sales in the history of American business and reached the Fortune 500 and $1 billion in revenue faster than any other company.
Pfeiffer became president and CEO of Compaq in 1991, as a result of a boardroom coup led by board chairman Ben Rosen that forced co-founder Rod Canion to resign as president and CEO. [8] Canion had allowed competitors such as Dell Computer , AST Research , and Gateway 2000 to undercut Compaq with cheaper offerings, that led to a $71 million ...
Michael David Capellas (born August 19, 1954) is an American executive in the computer and telecommunication industries. Capellas served as chairman and CEO of First Data Corporation, acting CEO of Serena Software, chairman and CEO of Compaq Computer Corporation until its merger with Hewlett-Packard where he became president of the post-merger company briefly, and president and CEO of WorldCom ...
James M. Harris is an American businessman, who, along with Rod Canion and Bill Murto, founded Compaq Computer Corporation. [1] He resigned from the company in 1991. [2]
Rosen co-founded the venture capital company Sevin Rosen Funds in 1981 with L. J. Sevin. [6] [7] In this capacity, Rosen invested in Compaq Computer Corporation in 1981, eventually serving as Chairman for 18 years. [4] For four months in 1999, Rosen also served as Acting CEO. [8]
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Compaq's efforts were possible because IBM had used mostly off-the-shelf parts for the PC and published full technical documentation for it, and because Microsoft had kept the right to license MS-DOS to other computer manufacturers. The only difficulty was the BIOS, because it contained IBM's copyrighted code.