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

To: Tommaso who wrote (41225)	12/24/1998 2:04:00 PM
From: rupert1	Read Replies (1) \| Respond to of 97611

AsAP and CPQ watcher I found this Yahoo posting interesting. SAP takes over DEC research centre sb20011 (38/M/NY) Dec 23 1998 10:25PM EST FRANKFURT, Dec 23 (Reuters) - Software group SAP AG SAPG_p.F said on Wednesday that it would take over a research centre in Karlsruhe with 20 employees that previously belonged to Digital Equipment Corp. In a statement, SAP did not disclose a price for the CEC Karlsruhe but said the deal comes as part of Compaq Computer Corp's CPQ.N consolidation of Digital Equipment Corp. Compaq took over Digital earlier this year and is working to cut 17,000 jobs worldwide, including up to 5,000 in Europe and about 800 from Digital's German unit. CEC Karlsruhe was involved in developing interactive kiosk systems, video archives and Internet commerce software. "The specific knowledge about distributed systems, Internet and innovative learning technologies is of very high value to us," said Karl-Heinz Hess, a member of SAP's management board.