How Popular Tech Companies Got Their Names
By siliconindia
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Compaq
The company was founded in 1982 by Rod Canion, Jim Harris, and Bill Murto--who were senior managers in a semiconductor manufacturer Texas Instruments. The name "COMPAQ" was said to be derived from "Compatibility and Quality", but it was a name suggested by a name consulting company on several occasions--and it was the one which was not rejected.