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Short Take: Compaq completes acquisition
Compaq Computer has completed its acquisition of remote access communications specialist Microcom, originally announced in April. The PC maker will pay roughly $280 million for Microcom, based in Norwood, Massachusetts. All outstanding Microcom shares, not held by Compaq, have been converted into the right to receive $16.25 per share in cash.
Mike Ricciuti Staff writer, CNET News
Mike Ricciuti joined CNET in 1996. He is now CNET News' Boston-based executive editor and east coast bureau chief, serving as department editor for business technology and software covered by CNET News, Reviews, and Download.com. E-mail Mike.
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has completed its acquisition of remote access communications specialist Microcom, originally announced in April. The PC maker will pay roughly $280 million for Microcom, based in Norwood, Massachusetts. All outstanding Microcom shares, not held by Compaq, have been converted into the right to receive $16.25 per share in cash.