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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Tomcat who wrote (91122)	5/7/2001 3:48:16 PM
From: Tomcat	Read Replies (1) \| Respond to of 97611

IBM to Resell Servers Made by Compaq Offshoot NEW YORK (Reuters) - Top computer maker IBM (NYSE:IBM - news) will resell a line of low-power computer servers made by RLX Technologies, a start-up company run by former Compaq Computer Corp. (NYSE:CPQ - news) executives, a source familiar with the matter said on Monday. The servers, powerful computers used by companies to run Web sites and computer networks, will be unveiled on Tuesday by The Woodlands, Texas-based RLX. The company was formed four months ago under the leadership of Gary Stimac, the fifth employee ever hired by Compaq and the former head of its server division. The partnership between RLX and International Business Machines Corp. also gives chip maker Transmeta Corp (news - web sites). (NasdaqNM:TMTA - news) an important entryway into the server business. Transmeta's low-power chips, which will be built into the RLX servers, have yet to establish a beachhead in the U.S. computer market. Earlier Monday, Compaq said it would turn to No. 1 chip maker Intel Corp. for its new line of low-power servers, which will be available in the second half of the year.