Computer manufacturer Compaq was acquired for $25 billion dollars in 2002 by which company?
Explanation
Compaq, the computer manufacturer, was acquired for $25 billion in 2002 by Hewlett-Packard (HP) in order to expand and strengthen HP's position in the global technology market. The merger between the two companies aimed to create synergies, combining Compaq's expertise in personal computers and servers with HP's capabilities in printers and imaging. This acquisition allowed HP to increase its market share and compete more effectively with other major players in the industry, positioning the combined entity as one of the largest technology companies in the world.