MPC Corporation - History

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 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 (Web.com) in 1999 under CEO Joel Kocher brought the firm into the web hosting space. In June 2001, in an all-stock deal, Gores Technology Group acquired the MicronPC business from Micron Technology. In December 2002, the company changed its name from MicronPC to MPC Computers.

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 Alternext US LLC exchange (formerly the American Stock and Options Exchange) as ticker symbol 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 Gateway, Inc.'s Professional Services Unit business line for approximately $90 million.

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