Web Hosting Company Micron Electronics (and now Interland) sold its Micron PC Division to Gore Technology Group a Los Angelest based acquisition and management company in 1 June 2001. But I’m glad the now privately held Micron PC has reported its first profitable quarter in 2 years and by staying lean will.
In the NY Times: Many computer makers are rethinking their business in hard times. Hewlett-Packard Co. (news/quote)(HWP.N) believes its money-losing PC unit can crack a profit by combining with Compaq Computer Corp (news/quote) (CPQ.N), reaping economies of scale, for instance.
[Michael] Adkins [Micron PC, CEO] says Micron can stay afloat and perhaps expand again next year. Its edge is building everything to order, offering service to government and small businesses that big manufacturers cannot match, he says.