Compaq’s Capellas: tech consolidation natural

Kelly McNeill writes “Consolidation in the technology industry is necessary, natural and likely to continue, given the industry’s recent explosive growth, the chairman of Compaq Computer Corp. said Monday. “We’re probably going to go through a period now of consolidation in many [technology-related] industries, which is the logical thing that follows a period of hyper-growth,” Michael Capellas said at a tech conference.”