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Digital Equipment Corporation |
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Bruce's tenure at 3Com combined with his leadership experience at Digital Equipment Corporation and IBM bring to Ciena an impressive set of skills and solid industry knowledge base that will be invaluable to Ciena as we advance our position in the market," said Gary Smith, president and chief executive officer of Ciena. Before @stake, Mobley honed his expertise in major technology companies, including IBM and Digital Equipment Corporation (acquired by Compaq Computer Corporation and now owned by Hewlett Packard). As CEO of Digital Equipment Corporation from 1992 to 1998, Palmer led the restructuring and repositioning of the $13B technology company, restoring profitability and ultimately negotiating the 1998 merger with Compaq which delivered a $3B/50% premium to Digital shareholders and created the world's second largest computer corporation. |
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