PeoplePC, which works with corporations to provide computers as a fringe benefit to workers, has signed a deal with Severn Trent Water, England's largest independent water company. Under the deal, PeoplePC will offer the company's 4,500 workers a Hewlett-Packard Pavilion desktop PC and Internet access. The water company will subsidize about half the cost, with employees contributing about $17 (12 pounds) per month.
PeoplePC's fortunes have been mixed this year. The company escaped delisting from the Nasdaq last month when the stock market set aside its $1 minimum bid price, following the Sept. 11 terror attacks on the United States. But Ford Motor, one of PeoplePC's biggest customers, decided last month that it is formally ending its program to offer workers new computers.