January 5, 2000 |
Compaq Computer Corp. said it is acquiring operations from computer distributor Inacom Corp. that will boost its ability to custom-build personal computers, part of its strategy for competing with Dell Computer Corp., the world's No. 1 PC direct seller. Compaq, the world's largest personal computer maker, will pay $370 million in cash for the Inacom assets, which will help it configure computers for its customers and manage the entire ordering process.
August 7, 1991 |
ValCom Inc., an Omaha company that began selling computers to farmers and agricultural businesses, has merged with a Michigan company to form one of the nation's largest computer retailers, officials said Tuesday. Shareholders approved the merger of ValCom and Inacomp Computer Centers of Troy, Mich., in separate meetings Monday. The new company, InaCom Corp., will have annual revenues approaching $1 billion.
December 16, 1999
Among new stock ratings issued Wednesday on Wall Street: Abercrombie & Fitch Co. (ticker: ANF; close and change: $27.38, up $3.13) was raised to "recommended list" from "market outperform" by Goldman Sachs, with a target price of $48; Cadence Design Systems Inc. (CDN; $19.13, up $1.38) was raised to "strong buy" from "neutral" by Morgan Stanley Dean Witter; Ericsson (ERICY; $58.38, down $1.44) was named "Focus 1 selection" by Merrill Lynch; Gables Residential Trust (GBP; $21.44, down $1.
November 4, 1997 |
Apple Computer Inc. said it's trimming down to two wholesalers in the U.S. as the company continues to refine a reorganization of its computer distribution process announced in late September. Santa Ana-based Ingram Micro Inc. and Microage Inc. of Tempe, Ariz., will be the remaining distributors of Macintosh computers by Dec. 1 in the U.S. TechData Corp., InaCom Corp. and Merisel Inc. will no longer be wholesalers for Apple in the U.S.
February 20, 1997 |
Another positive sign from the economic recovery room: Southern California enjoyed a surge in the number of major expansions by local companies or arrivals by out-of-town businesses last year. Led by technology and entertainment firms, 167 major expansions or relocations representing 9,500 new jobs were announced in 1996 for the counties of Los Angeles, Orange, Riverside, San Bernardino and Ventura, up from 101 expansions and about 5,700 jobs in 1995, according to the Economic Development Corp.
October 11, 1994 |
Robin Kennedy is a personal shopper for corporate America. Her Newport Beach company, Centric Resources Inc., has teamed up with giant computer retailer MicroAge Inc. to help companies decide what equipment they need and then order it. Centric opened in March and already has $10 million in contracts to provide computers to corporations including Unocal Corp., Hughes Aircraft Co., Northrop Corp. and Rockwell International's Rocketdyne division.