MPC Corporation

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MPC Corporation
Type Public (AMEXMPZ)
Founded 1995
Headquarters Nampa, Idaho, United States
Key people John Yeros, Chairman & CEO
Industry Computer hardware
Products Desktops
Servers
Notebooks
Revenue Image:green up.png $284.97 million USD (2006)
Website www.mpccorp.com

MPC Corporation ("MPC Computers", "MicronPC", "Micron Electronics Inc.") AMEXMPZ is an American computer-hardware company based in Nampa, Idaho, USA, best known for providing desktops, notebooks, servers and services to customers in the federal, state and local government, education, small and medium business, and consumer markets. Before June 2001, MPC Corporation was known as Micron Electronics Inc., a subsidiary of Boise, ID-based semiconductor manufacturer Micron Technology. On September 5th, 2007, MPC Corporation announced that it had signed an agreement to acquire Gateway, Inc.'s Professional Services Unit business line for approximately $90 million.

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[edit] History

MPC Computers (originally named Micron Electronics Inc.) was founded privately in Nampa, Idaho, in 1995 through a merger of ZEOS International, Micron Computer, and Micron Customer Manufacturing. [1] From 1995 to 2001, Micron Electronics Inc. sold consumer and business computers under the names Micron, MicronPC, and MicronPC.com.

In June 2001, in an all-stock deal, Gores Technology Group acquired the MicronPC business from Micron Technology. [2]

In December 2002, the company changed its name from MicronPC to MPC Computers. [3]

In July 2005, application acceleration provider HyperSpace Communications Inc. merged with MPC Computers in a stock-swap deal. [4] Because HyperSpace became a public company in 2004[5], MPC Computers was able to avoid the rigorous process of becoming a public company. [6] MPC Corporation is listed on the American Stock and Options Exchange as ticker symbol MPZ.

In January 2007, HyperSpace Communications Inc. changed its name to MPC Corporation. [7]

In September 2007, MPC Corporation announced that it had signed an agreement to acquire Gateway, Inc.'s Professional Services Unit business line for approximately $90 million. [8]

[edit] Financials

The company posted a net loss of $25.3 million ($1.91 per diluted share) on net revenue of $53.6 million for the second quarter of fiscal 2007. [9]

[edit] Bowl Sponsorship

From 1998 through 2000, MicronPC sponsored the MicronPC Bowl, a post-season NCAA Division I college football bowl game played at Pro Player Stadium in Miami, FL. In 2000, the bowl was renamed the MicronPC.com Bowl to emphasize the company's internet presence. The bowl game is now called the Champs Sports Bowl.

From 2004 to 2006 MPC Computers sponsored the MPC Computers Bowl, a post-season NCAA Division I college football bowl game played annually at Bronco Stadium on the campus of Boise State University in Boise, ID. This bowl game is now called the Humanitarian Bowl.

Former parent company Micron Technology also sponsored the Humanitarian Bowl (at the time named the Crucial.com Humanitarian Bowl) from 1999 through 2002.

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