a short history of leveraged synergy
(or synergistic leverage)
Compaq bought DEC in 1998, for US$9.6 billion
Compaq's CEO, Eckhard Pfeiffer, resigned in April 1999
In June of 1999, Compaq sold AltaVista to CMGi for $2.3 billion
May 2002, HP acquired Compaq for $21 billion
February 2005, Carly Fiorina resigns as CEO of HP
December 2004, Oracle completes its acquisition of PeopleSoft for approximately $10.3 billion


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