Industry Leaders Voice Support for HP-Compaq Merger
PALO ALTO, Calif.--(BUSINESS WIRE)--March 14, 2002--Industry leaders and Hewlett-Packard Company (NYSE:HWP - news) and Compaq customers and partners have announced their support for the HP-Compaq merger. In addition to the comments below, more commentary can be found by visiting the www.VotetheHPway.com Website and selecting ``Industry leaders and observers comment on merger'' and ``The Case for Change: HP + Compaq.''
``'It's important not to go where the puck is, but go where the puck's going.' And I think that's what this merger is all about ... trying to position the company to be an important part of the future, not simply an important part of the past.'' -- Steve Case, chairman of the board, AOL Time Warner.
``I think from DreamWorks' standpoint the opportunities for us, by merging these enterprises together, would be quite valuable. Compaq has been a very important supplier in our IT infrastructure and HP has been a partner for our high-end technology needs in the animation field. ... The combination of HP and Compaq, uniquely, will be able to better service our needs.'' -- Jeffrey Katzenberg, partner, DreamWorks SKG.
``Compaq and HP are both valued enterprise technology partners of Siebel Systems, and I believe this merger will create an even more powerful ally in the future. The combination of Compaq and HP provides greater opportunity to support Siebel Systems' absolute commitment to 100 percent satisfaction at our joint customers.'' -- Thomas M. Siebel, chairman and chief executive officer, Siebel Systems, Inc.
``As an existing business partner to both merger companies, the fusion will create a more competitive and complete supplier of IT products and services to our company. ... We warmly support the proposition.'' -- Gerard Kleisterlee, president and chief executive officer, Royal Philips Electronics.
``The question that seems to have gotten lost in this controversy is whether the merger is good for customers and good for the industry. And clearly the answer to both of those questions is 'yes.''' -- Craig Conway, president and chief executive officer, PeopleSoft. |
