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


To: Elwood P. Dowd who wrote (96702)4/1/2002 12:20:27 PM
From: The Duke of URLĀ©  Respond to of 97611
 
I dont think this has been posted.

internetnews.com

March 15, 2001 | Business News Archives
Compaq, Intuit Forge $60 Million Deal
By Thor Olavsrud


In the wake of a disappointing year for consumer PC sales, Compaq Computer Corp. appears to be shifting its focus to the corporate computing market.

The Houston-based hardware manufacturer Thursday forged a two-year alliance with Mountain View, Calif.-based Intuit Inc., makers of the popular Quicken personal finance software products that is worth an estimated $60 million to the two companies over the course of the deal.

It is unclear how that $60 million will be split between the two companies.

Under the terms of the arrangement, Compaq becomes Intuit's preferred technology provider.