HP is eating its Wheaties

Ian Fried | May 22, 2002 9:30 PM PDT

Summary

The company announced on Wednesday a multiyear deal to be the preferred supplier of servers, notebooks and desktop computers to cereal and baking-goods giant General Mills.

HP would not say the exact value of the deal, but a representative said it is in the tens of millions of dollars.

Although the deal was just announced by HP, it was actually bid on and sealed by Compaq Computer before the close of the blockbuster merger.

The deal follows announcements of some $5.3 billion in new business HP made when it launched the merged company May 7. --Ian Fried, Special to ZDNet News

The company announced on Wednesday a multiyear deal to be the preferred supplier of servers, notebooks and desktop computers to cereal and baking-goods giant General Mills.

HP would not say the exact value of the deal, but a representative said it is in the tens of millions of dollars.

Although the deal was just announced by HP, it was actually bid on and sealed by Compaq Computer before the close of the blockbuster merger.

The deal follows announcements of some $5.3 billion in new business HP made when it launched the merged company May 7. --Ian Fried, Special to ZDNet News

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