January 26, 1998
Compaq Computer purchases Digital Equipment Corporation for $9.6 billion. Digital, or DEC, was a pioneering company in the early history of computers from the 1960’s – 1980’s. Unfortunately, as was seen with many companies, they were slow to recognize the rise of the PC which ultimately led to the sell-off of all the company’s business units, cumulating with the final sale to Compaq. Compaq itself was eventually merged with HP.