SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 5, 1999
COMPAQ COMPUTER CORPORATION
(Exact Name of Registrant as Specified in its Charter)
DELAWARE 1-9026 76-0011617
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorportion)
20555 SH 249 77070
HOUSTON, TEXAS
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(Address of Principal Executive Offices) (Zip Code)
(281) 370-0670
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(Registrant's telephone number, including area code)
(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS.
In a release dated April 5, 1999, Compaq Computer Corporation (NYSE:
CPQ) announced the completion of its purchase of Zip2 Corporation. Upon the
acquisition Zip2 Corporation became an operating division of AltaVista
Company, a wholly owned subsidiary of Compaq.
ITEM 7. EXHIBITS.
Exhibit 99 News Release dated April 5, 1999, announcing that the
acquisition of Zip2 Corporation is completed.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
COMPAQ COMPUTER CORPORATION
Dated: April 5, 1999 By: /s/ Linda S. Auwers
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Linda S. Auwers
Vice President, Associate
General Counsel and Assistant
Secretary
COMPAQ COMPUTER CORPORATION P.O. BOX 692000 NEWS RELEASE
PUBLIC RELATIONS DEPARTMENT HOUSTON, TEXAS 77269-2000
TEL 281-514-0484
FAX 281-514-4583
HTTP://WWW.COMPAQ.COM
(Compaq logo appears here)
FOR IMMEDIATE RELEASE
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ALTAVISTA COMPLETES ACQUISITION OF ZIP2
ZIP2 BRINGS LOCAL EXPERTISE AND ONLINE SHOPPING TO ALTAVISTA USERS
PALO ALTO, CALIF., APRIL 5, 1999 - Compaq Computer Corporation (NYSE:CPQ)
today announced the completion of its acquisition of Zip2 Corporation,
expanding local information and e-commerce through the creation of the
Internet's first city portals. Zip2 is now an operating division of AltaVista
Company, a wholly owned subsidiary of Compaq.
"By combining Zip2's comprehensive local news and services with
AltaVista's powerful search and e-commerce capabilities, we can turn the most
compelling user experience on the Internet into profitable possibilities for
our partners," said Ronnie Ward, AltaVista vice president and Zip2 general
manager. "Our local media and e-commerce partners also benefit from the high
volume of traffic generated by AltaVista and Compaq's Presario Internet PCs,
which deliver consumers to popular Web sites at the stroke of a button."
ZIP2 SETS THE STANDARD FOR LOCAL PORTALS
Zip2 is the leader in developing, hosting and maintaining consumer Web
sites for media companies. With a roster of Zip2-powered sites reaching 200
and covering more than 50 of the top U.S. metropolitan areas, Zip2 is the
industry standard local Internet platform. Zip2's city portal platform offers
a unique combination of national portal services paired with the deep local
content of its media customers, giving users the full-spectrum of familiar
Internet utilities, while delivering a locally relevant online experience.
Media companies in the U.S. using the Zip2 platform to run their online
enterprises include Classified Ventures, The New York Times Company, Knight
Ridder, Morris Communications, and newspapers in the Hearst, Times Mirror,
Media General, Pulitzer Publishing and Freedom Communications chains. Outside
the U.S. Zip2's platform has been selected to support local portals for BCTel
and the UK-based Mirror Group or more information on Zip2, visit
http://www.zip2.com.
ALTAVISTA LEADS THE INDUSTRY
Launched in 1995, AltaVista is a pioneer in Web search technology and
continues to set new standards, from indexing the entire Internet, to
providing the first of their kind language translation, AV Photo & Media
Finder and AV Family Filter search capabilities. With an extensive line-up of
content and services, AltaVista is now regarded as one of the top destinations
on the Internet.
AltaVista continues to build upon its heritage through extensive enhancements
and industry-leading partnerships to make the Internet relevant, fast and
effective for Web users of all proficiency levels. For more information, visit
AltaVista's flagship site at http://www.altavista.com or http://www.av.com.
COMPANY BACKGROUND
AltaVista Company is a wholly owned subsidiary of Compaq Computer
Corporation. A Fortune Global 100 company, Compaq is the second largest
computer company in the world and the largest global supplier of personal
computers. Compaq develops and markets hardware, software, solutions, and
services, including industry-leading enterprise computing solutions,
fault-tolerant business-critical solutions, networking and communication
products, commercial desktop and portable products and consumer PCs. The
company is an industry leader in environmentally friendly programs and
business practices.
Compaq products are sold and supported in more than 100 countries
through a network of authorized Compaq marketing partners. Customer support
and information about Compaq and its products are on the World Wide Web at
http://www.compaq.com.
# # #
Compaq, Registered U.S. Patent and Trademark Office. Product names
mentioned herein may be trademarks and/or registered trademarks of their
respective companies.
For further editorial information, contact:
Compaq Computer Corporation Eileen Quinn 408-285-9272
[email protected]
Shandwick International Steve Marchant 617-266-8400
[email protected]
