By Joey Gardiner, 20 December 2001 16:30
NEWS Compaq has ended the festive season on a high, inking two mega-deals just in time for Christmas. Compaq has signed a $200m deal in Sweden with Ericsson and an even more lucrative $250m contract with US defence giant Raytheon. The Ericsson deal will see Compaq provide a whole range of IT services to the mobile phone group for the next five years. This will include the management of desktops, servers, storage and printers as part of Compaq's 'Computing on Demand' programme. Part of the rationale behind the proposed merger between Compaq and HP is the development of the services business of the two companies. The second agreement is pure technology - Compaq will provide Raytheon with desktops, notebooks, servers, workstations, and storage hardware, worth between $200 and 250m. It will also provide PCs for Raytheon to provide at a discount to employees. Compaq reportedly beat arch-rival Dell to the deal, as well as potential buyer HP.
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