329:
270:
262:
129:
25:
372:
company of that size. Vanstar had 43.26 million shares outstanding at the time the deal was struck, and shareholders of
Vanstar received .64 shares of ICO for each VST share in a stock swap deal, thus the issuance of 27.7 M shares of stock effectively more than doubled the number of outstanding shares while also being dilutive to the existing shares. This, plus debt concerns, led to a decline in the price of Inacom's stock.
367:
In 1997 Synnex
Information Technologies, a national distributor of microcomputers and communication, networking, peripheral and storage products, purchased substantially all the assets of Merisel FAB Inc., including the ComputerLand franchise. Synnex created ComputerLand Corporation, a wholly owned
359:
In 1993, Merisel announced it would purchase the
ComputerLand name and all franchise holdings and its Datago aggregation division for $ 110 million. The new Merisel ComputerLand unit was operated by the then-president of Computerland's franchise and distribution business, Martin Wolf. The following
371:
On
October 9, 1998, Inacom purchased Vanstar for a reported $ 465 – $ 480 million. The resulting company employed nearly 12,000 and was estimated to generate $ 7 billion in revenue. The acquisition of Vanstar reportedly added a large amount of debt, and it has been said that Inacom overpaid for a
325:, with the then-revolutionary concept of providing a "full service" store, offering under one roof all that the customer needed to support their PCs. He then moved rapidly to set up franchising. The first franchisee was in Morristown, New Jersey, and was rapidly followed by a chain across the US.
344:
arrived on the scene, the network of branches, all run by franchisees, had grown to 190 in number. By the end of 1985, when
Millard retired, there were some 800 branches (including some 200 outside the US) and he had become one of the computer billionaires.
378:
Corporation ceased operations completely in 2000. Although the corporate
ComputerLand ceased operations , many former franchises continue to operate today as independently owned computer businesses under the ComputerLand name.
587:"PC Wholesaler Merisel to Acquire Computerland Distribution Outlets : Competition: The deal could raise fears among other retailers that the company will favor its franchisees over them"
348:
Most
ComputerLand stores succumbed to the predation of the "box-shifters" in the price wars of the latter 1980s, after the peak had passed. In 1987, Millard sold ComputerLand to
830:
300:, to build what was claimed to be the first truly integrated personal computers, sold as kits to hobbyists and the rapidly growing numbers of retailers (through small ads in
840:
310:, may not have made Millard's fortune, but his resulting experiences with the inexperienced and under‑capitalized retailers did. In 1976 (at the same time as the
328:
825:
835:
560:
820:
253:
of the PC led to the company's downfall, with most of the retail locations closing by 1990. The company officially ended in
February 1999.
318:
computers) he asked his Sales
Director, Ed Faber (an ex‑IBM Manager), to start a new franchise operation, soon to become ComputerLand.
612:
249:
in 1981. The first
ComputerLand opened in 1976, and the chain eventually included about 800 stores by 1985. After this time the rapid
360:
year, "Vanstar" was selected as the name for the ComputerLand corporate company-owned stores stemming from the Nynex acquisition. (
89:
730:
61:
845:
744:
535:
108:
285:, Computerland President Ed Faber, ComputerLand Chairman William H. Millard, Cromemco Vice President and co-founder
68:
269:
46:
75:
293:
274:
185:
42:
586:
57:
708:
234:
669:
35:
402:
Advertisement for Preview Opening of a Computer Shack store at 22634 Foothill Blvd, Hayward, CA,
361:
693:
729:
David Mercer, "IBM: How the World's Most Successful Corporation is Managed", Kogan Page 1987
681:
638:
509:
482:
455:
428:
353:
297:
82:
8:
322:
302:
175:
753:
740:
650:
517:
490:
463:
436:
265:
The name changed from Computer Shack to ComputerLand in this July 1977 advertisement.
737:
Once Upon a Time in ComputerLand: The Amazing, Billion-Dollar Tale of Bill Millard
250:
349:
333:
233:
was a widespread chain of retail computer stores during the early years of the
340:
It set a pattern that dominated PC retailing for the next decade. By the time
814:
654:
521:
494:
467:
440:
282:
238:
368:
subsidiary of Synnex, consisting of the ComputerLand and Datago businesses.
261:
286:
785:
281:
distribution agreement is finalized in 1984 (L to R: Cromemco President
128:
307:
805:
795:
790:
775:
661:
24:
315:
311:
278:
700:
800:
639:"ComputerLand drops name and retail stores become service giant"
375:
246:
770:
765:
242:
561:"COMPANY NEWS; MERISEL TO PURCHASE A COMPUTERLAND DIVISION"
630:
341:
510:"Computerland's New Owners Maintain Firm's Market Focus"
780:
613:"COMPANY NEWS; Computerland, Now Vanstar, Shifts Focus"
405:
396:"The Total Experience Computer Store, Computer Shack".
389:
670:"SYNNEX ACQUIRES COMPUTERLAND AND DATAGO FROM MERISEL"
429:"Computerland Adds Services, Encourage More LAN Focus"
831:
Defunct companies based in the San Francisco Bay Area
754:
https://www.old-computers.com/history/detail.asp?n=25
501:
420:
400:. Hayward, California. December 20, 1976. p. 10.
364:) after the sale of split-off franchisor to Merisel.
474:
447:
416:. Hayward, California. December 21, 1976. p. 6.
483:"Millards Resigns as Faber Takes Over Computerland"
49:. Unsourced material may be challenged and removed.
812:
841:Defunct computer companies of the United States
412:"Computer Shack opens first store in Hayward".
604:
553:
536:"Computerland Merisel Reach Franchise Pact"
528:
127:
706:
453:
435:. Vol. 12, no. 33. p. 34.
237:, and was one of the outlets (along with
109:Learn how and when to remove this message
516:. Vol. 9, no. 24. p. 31.
489:. Vol. 7, no. 40. p. 12.
462:. Vol. 7, no. 13. p. 19.
327:
268:
260:
734:
321:Faber first designed a pilot store, at
826:Companies based in Hayward, California
813:
578:
507:
426:
636:
480:
836:Retail companies based in California
667:
47:adding citations to reliable sources
18:
821:Defunct computer hardware companies
637:Burns, Christine (March 28, 1994).
427:Dryden, Patrick (August 13, 1990).
13:
739:. Los Angeles: Price Stern Sloan.
723:
707:Dickinson, Casey (June 30, 2000).
668:News, Bloomberg (March 31, 1997).
610:
584:
14:
857:
766:ComputerLand in France near Paris
759:
481:Burke, Steven (October 7, 1985).
454:Bannister, Hank (April 1, 1985).
296:. In 1974 he launched a company,
508:Parker, Rachel (June 15, 1987).
23:
709:"InaCom Corp. Files Chapter 11"
456:"Old Loan Costs Mogul Millions"
34:needs additional citations for
781:ComputerLand of Silicon Valley
350:E.M. Warburg, Pincus & Co.
1:
382:
277:, looks on as ComputerLand's
292:ComputerLand was founded by
7:
332:ComputerLand storefront in
165:; 48 years ago
10:
862:
786:ComputerLand of Woodbridge
735:Littman, Jonathan (1987).
314:was selling its first few
256:
245:) chosen to introduce the
16:American computer retailer
214:
206:
191:
181:
159:
151:
143:
135:
126:
846:Warburg Pincus companies
806:ComputerLand of Berkeley
235:microcomputer revolution
139:Computer Shack (1976–77)
362:Pleasanton, California
337:
289:
273:ComputerLand founder,
266:
796:ComputerLand Savannah
331:
306:). The computer, the
272:
264:
791:ComputerLand Ottumwa
776:Chicago ComputerLand
771:COMPUTERLAND Belgium
713:CNY Business Journal
298:IMS Associates, Inc.
43:improve this article
323:Hayward, California
303:Popular Electronics
219:Hayward, California
176:Hayward, California
123:
692:has generic name (
611:Fisher, Lawrence.
338:
294:William H. Millard
290:
275:William H. Millard
267:
186:William H. Millard
121:
228:
227:
119:
118:
111:
93:
853:
801:ETC ComputerLand
750:
717:
716:
704:
698:
697:
691:
687:
685:
677:
665:
659:
658:
634:
628:
627:
625:
623:
608:
602:
601:
599:
597:
582:
576:
575:
573:
571:
557:
551:
550:
548:
546:
532:
526:
525:
505:
499:
498:
478:
472:
471:
451:
445:
444:
424:
418:
417:
409:
403:
401:
393:
202:
200:
173:
171:
166:
131:
124:
120:
114:
107:
103:
100:
94:
92:
51:
27:
19:
861:
860:
856:
855:
854:
852:
851:
850:
811:
810:
762:
747:
726:
724:Further reading
721:
720:
705:
701:
689:
688:
679:
678:
666:
662:
635:
631:
621:
619:
609:
605:
595:
593:
583:
579:
569:
567:
559:
558:
554:
544:
542:
534:
533:
529:
506:
502:
479:
475:
452:
448:
425:
421:
411:
410:
406:
395:
394:
390:
385:
356:$ 200 million.
259:
251:commoditization
224:
220:
198:
196:
169:
167:
164:
115:
104:
98:
95:
52:
50:
40:
28:
17:
12:
11:
5:
859:
849:
848:
843:
838:
833:
828:
823:
809:
808:
803:
798:
793:
788:
783:
778:
773:
768:
761:
760:External links
758:
757:
756:
751:
745:
732:
725:
722:
719:
718:
699:
660:
629:
617:New York Times
603:
577:
565:New York Times
552:
527:
500:
473:
446:
419:
404:
387:
386:
384:
381:
334:Amsterdam-West
258:
255:
226:
225:
222:
218:
216:
212:
211:
208:
204:
203:
193:
189:
188:
183:
179:
178:
161:
157:
156:
153:
149:
148:
147:Computer store
145:
141:
140:
137:
133:
132:
117:
116:
99:September 2016
58:"ComputerLand"
31:
29:
22:
15:
9:
6:
4:
3:
2:
858:
847:
844:
842:
839:
837:
834:
832:
829:
827:
824:
822:
819:
818:
816:
807:
804:
802:
799:
797:
794:
792:
789:
787:
784:
782:
779:
777:
774:
772:
769:
767:
764:
763:
755:
752:
748:
746:0-89586-502-5
742:
738:
733:
731:
728:
727:
714:
710:
703:
695:
683:
675:
674:Bloomberg.com
671:
664:
656:
652:
648:
644:
643:Network World
640:
633:
618:
614:
607:
592:
588:
585:Harmon, Amy.
581:
566:
562:
556:
541:
540:Seattle Times
537:
531:
523:
519:
515:
511:
504:
496:
492:
488:
484:
477:
469:
465:
461:
457:
450:
442:
438:
434:
430:
423:
415:
408:
399:
392:
388:
380:
377:
373:
369:
365:
363:
357:
355:
351:
346:
343:
335:
330:
326:
324:
319:
317:
313:
309:
305:
304:
299:
295:
288:
284:
283:Harry Garland
280:
276:
271:
263:
254:
252:
248:
244:
240:
239:Computer City
236:
232:
223:United States
217:
213:
209:
205:
194:
190:
187:
184:
180:
177:
162:
158:
154:
150:
146:
142:
138:
134:
130:
125:
113:
110:
102:
91:
88:
84:
81:
77:
74:
70:
67:
63:
60: –
59:
55:
54:Find sources:
48:
44:
38:
37:
32:This article
30:
26:
21:
20:
736:
712:
702:
682:cite journal
673:
663:
646:
642:
632:
620:. Retrieved
616:
606:
594:. Retrieved
590:
580:
568:. Retrieved
564:
555:
543:. Retrieved
539:
530:
513:
503:
486:
476:
459:
449:
432:
422:
414:Daily Review
413:
407:
398:Daily Review
397:
391:
374:
370:
366:
358:
347:
339:
320:
301:
291:
231:ComputerLand
230:
229:
215:Headquarters
144:Company type
122:ComputerLand
105:
96:
86:
79:
72:
65:
53:
41:Please help
36:verification
33:
690:|last=
287:Roger Melen
815:Categories
649:(13): 24.
383:References
308:IMSAI 8080
69:newspapers
655:0887-7661
522:0199-6649
514:InfoWorld
495:0199-6649
487:InfoWorld
468:0199-6649
460:InfoWorld
441:0199-6649
433:InfoWorld
312:Byte Shop
210:Dissolved
591:LA Times
316:Apple II
279:Cromemco
152:Industry
136:Formerly
257:History
197: (
192:Defunct
182:Founder
168: (
160:Founded
83:scholar
743:
653:
622:24 May
596:24 May
570:24 May
545:24 May
520:
493:
466:
439:
376:Inacom
336:, 1984
247:IBM PC
155:Retail
85:
78:
71:
64:
56:
243:Sears
90:JSTOR
76:books
741:ISBN
694:help
651:ISSN
624:2013
598:2013
572:2013
547:2013
518:ISSN
491:ISSN
464:ISSN
437:ISSN
352:for
241:and
207:Fate
199:1999
195:1999
170:1976
163:1976
62:news
342:IBM
174:in
45:by
817::
711:.
686::
684:}}
680:{{
672:.
647:11
645:.
641:.
615:.
589:.
563:.
538:.
512:.
485:.
458:.
431:.
354:US
221:,
749:.
715:.
696:)
676:.
657:.
626:.
600:.
574:.
549:.
524:.
497:.
470:.
443:.
201:)
172:)
112:)
106:(
101:)
97:(
87:·
80:·
73:·
66:·
39:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
.jpg)