Founded by Kenneth Olsen in 1957, DEC (Digital Equipment Corporation) was once a manufacturer of computers, a developer of software, and manufacturer of computer peripherals. In 1998, the company was purchased by Compaq.
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January 26, 1998 - Compaq acquires Digital Equipment Corporation for $9.6 billion.
1960 - In 1960 Digital Equipment Corporation released its first of many PDP computers the PDP-1.
1957 - Digital Equipment Corporation is founded by Kenneth Olsen. The company will later become a major network and computer manufacturer.