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their "manufacturing partner" contributed to extensive losses. When it gave its shutdown notice to the Idaho
Department of Labor, MPC noted that a substantial portion of its sales force resigned without notice between Dec. 4 and Dec. 12, which it said made it impossible to continue viable business operations. It also said that efforts to reorganize under Chapter 11 were unsuccessful and announced it would lay off 147 employees immediately, keeping the remaining 51 employees only to wind down operations. It provided no advance notice of the layoff because "the decision to cease all business operations and liquidate the company was not reached until just prior to notice" and "advance notice of a possible layoff would have precluded its ability to obtain financing to allow the company to avoid a shutdown."
356:
that notice by filing a plan to achieve compliance which AMEX accepted June 27, 2008, giving MPC until Nov. 9, 2009 to bring itself back to viability under AMEX rules. However, in
October 2008 the exchange (which changed its name to NYSE Alternext at the beginning of that month) notified MPC that MPC was not making progress consistent with its submitted plan and said that the plan no longer demonstrated the company's ability to regain compliance with exchange regulations. Exchange officials also concluded that MPC was not compliant with other standards related to the company's overall financial condition and ability to continue operations, its low stock share price and the decline of its market capitalization.
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In July 2005, application acceleration provider HyperSpace
Communications Inc. merged with MPC Computers in a stock-swap deal. Because HyperSpace became a public company in 2004, MPC Computers was able to avoid the rigorous process of becoming a public company. MPC Corporation was listed on the NYSE
355:
In early May 2008, the AMEX notified MPC that it was not in compliance with AMEX regulations because the company's stockholder equity had fallen below $ 2 million and that MPC had sustained losses from continuing operations or net losses in two of its three most recent fiscal years. MPC responded to
364:
In early
November 2008, MPC filed a petition for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. In a press release announcing the filing, CEO John Yeros said issues surrounding the integration of the former Gateway unit along with problems with
315:, Micron Computer, and Micron Custom Manufacturing. From 1995 to 2001, Micron Electronics Inc. sold consumer and business computers under the names Micron, MicronPC, and MicronPC.com. The acquisition of HostPro (
343:
MPZ until being delisted. In
January 2007, HyperSpace Communications Inc. changed its name to MPC Corporation. In September 2007, MPC Corporation announced that it had signed an agreement to acquire
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864:(This is the new "official" support site for MPC and Gateway Pro computer systems. Privately owned, with free downloads, restore disks, driver disk sets, and tech info.)
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acquired the MicronPC business from Micron
Technology. In December 2002, the company changed its name from MicronPC to MPC Computers.
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880:(A Volunteer support Community for former MPC Computer and Gateway Pro Customers. Not affiliated with MPC or Gateway.)
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also sponsored the
Humanitarian Bowl (at the time named the Crucial.com Humanitarian Bowl) from
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502:. Before and after the sponsorship of MPC Computers, this bowl game was known as the
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MPC Computers (originally named Micron
Electronics Inc.) was founded privately in
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that its efforts to reorganize had failed and the company would cease operations.
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Professional
Services Unit business line for approximately $ 90 million.
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689:"HyperSpace Communications Inc. Completes Acquisition of MPC Computers"
403: in this section. Unsourced material may be challenged and removed.
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brought the firm into the web hosting space. In June 2001, in an all-
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786:"MPC Corporation To Acquire Gateway Inc.'s Professional Business"
764:"HyperSpace Communications, Inc. Changes Name To MPC Corporation"
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715:"HyperSpace Announces Closing of Its Initial Public Offering"
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on
November 7, 2008, three days after their common stock was
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markets. Before June 2001, MPC Corporation was known as
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Companies that filed for Chapter 11 bankruptcy in 2008
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from the NYSE Alternext U.S. exchange (formerly the
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1089:Defunct computer companies of the United States
862:MPC & Gateway Pro Support and Download Site
431:From 1998 through 2000, MicronPC sponsored the
812:"MPC Corporation Receives Notice of Delisting"
899:
878:MPC & Gateway Pro Community Support Forum
834:"MPC Corporation Announces Chapter 11 Filing"
564:"MPC Corporation Announces Chapter 11 Filing"
742:"HyperSpace makes leap in buying Idaho firm"
617:. originally published at washingtonpost.com
615:"Zeos, Micron Technology Subsidiaries Merge"
980:
906:
892:
295:). On December 31, 2008, MPC notified the
1079:Computer companies disestablished in 2008
1059:American companies disestablished in 2008
814:. PRNewswire-FirstCall via Yahoo! Finance
419:Learn how and when to remove this message
335:Alternext US LLC exchange (formerly the
1074:Computer companies established in 1995
1054:American companies established in 1995
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458:. In 1999, the bowl was renamed the
221:. It was best known as a provider of
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401:adding citations to reliable sources
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1094:Defunct computer hardware companies
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337:American Stock and Options Exchange
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1099:Defunct computer systems companies
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16:American computer hardware company
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233:and services to customers in the
1084:Defunct companies based in Idaho
663:"MicronPC To Change Name To MPC"
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388:needs additional citations for
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506:; its name was changed to the
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1:
836:. mpccorp.com. Archived from
788:. mpccorp.com. Archived from
717:. mpccorp.com. Archived from
691:. mpccorp.com. Archived from
665:. mpccorp.com. Archived from
566:. mpccorp.com. Archived from
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1044:1995 establishments in Idaho
740:Mook, Bob (August 7, 2005).
593:"MPC Corp. closes its doors"
311:in 1995 through a merger of
106:Bankruptcy; assets abandoned
7:
639:. gores.com. Archived from
462:to emphasize the company's
91:December 31, 2008
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297:Idaho Department of Labor
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1064:Companies based in Idaho
508:Famous Idaho Potato Bowl
69:Micron Electronics, Inc.
595:. Idaho Business Review
293:American Stock Exchange
266:Micron Electronics Inc.
517:Former parent company
500:Boise State University
329:Gores Technology Group
945:IM Flash Technologies
285:Chapter 11 bankruptcy
874: (archive index)
669:on November 19, 2006
397:improve this article
319:) in 1999 under CEO
196: (archive index)
141:(Chairman & CEO)
922:Former subsidiaries
494:played annually at
177:Number of employees
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939:IM Flash Singapore
479:MPC Computers Bowl
448:Pro Player Stadium
313:ZEOS International
268:, a subsidiary of
73:2001 as a spin-off
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1104:Micron Technology
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915:Micron Technology
792:on March 31, 2022
721:on March 31, 2022
695:on March 27, 2022
519:Micron Technology
504:Humanitarian Bowl
498:on the campus of
460:MicronPC.com Bowl
442:college football
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278:Micron Technology
209:company based in
207:computer-hardware
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181:680 (as of 2007)
65:Micron Technology
54:Computer hardware
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190:www.mpccorp.com
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794:. Retrieved
790:the original
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768:. Retrieved
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671:. Retrieved
667:the original
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619:. Retrieved
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572:. Retrieved
568:the original
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430:
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395:Please help
390:verification
387:
363:
354:
333:
309:Nampa, Idaho
306:
282:
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202:
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111:Headquarters
68:
36:Company type
18:
958:(2006–2017)
947:(2006~2019)
941:(2007~2012)
574:November 7,
321:Joel Kocher
256:and medium
67:subsidiary
1038:Categories
997:Crucial X8
844:January 3,
818:January 3,
599:January 3,
533:References
486:Division I
466:presence.
446:played at
440:Division I
360:Bankruptcy
246:government
138:John Yeros
134:Key people
95:2008-12-31
492:bowl game
444:bowl game
409:June 2020
250:education
227:notebooks
159:Notebooks
63:1995 (as
990:Products
552:Hoover's
525:through
464:internet
289:delisted
262:consumer
258:business
223:desktops
151:Desktops
147:Products
50:Industry
44:Spin-off
967:Numonyx
951:Inotera
870:at the
456:Florida
317:Web.com
303:History
272:-based
235:federal
231:servers
192:at the
186:Website
165:Revenue
155:Servers
93: (
88:Defunct
78:Founder
60:Founded
1006:People
929:Aptina
637:"News"
327:deal,
260:, and
205:was a
40:Public
956:Lexar
550:from
469:From
452:Miami
339:) as
325:stock
270:Boise
254:small
243:local
239:state
215:Idaho
211:Nampa
120:Idaho
116:Nampa
972:Zeos
846:2009
820:2009
798:2007
772:2007
750:2007
727:2007
701:2007
675:2007
649:2007
623:2007
601:2009
576:2008
527:2002
523:1999
512:2011
483:NCAA
475:2006
471:2004
437:NCAA
241:and
126:U.S.
103:Fate
510:in
473:to
450:in
399:by
1040::
584:^
540:^
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