MPC Corporation was a
computer-hardware company based in
Nampa,
Idaho
Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and Wyom ...
,
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
. It was best known as a provider of
desktops,
notebooks
A notebook is a small book often used for writing.
Notebook or The Notebook may also refer to:
Computing
*Laptop, a type of personal computer
*Google Notebook, a discontinued online application
* Notebook interface, a type of programming environ ...
,
servers and services to customers in the
federal
Federal or foederal (archaic) may refer to:
Politics
General
*Federal monarchy, a federation of monarchies
*Federation, or ''Federal state'' (federal system), a type of government characterized by both a central (federal) government and states or ...
,
state
State may refer to:
Arts, entertainment, and media Literature
* ''State Magazine'', a monthly magazine published by the U.S. Department of State
* ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States
* ''Our S ...
and
local
Local may refer to:
Geography and transportation
* Local (train), a train serving local traffic demand
* Local, Missouri, a community in the United States
* Local government, a form of public administration, usually the lowest tier of administrat ...
government
A government is the system or group of people governing an organized community, generally a state.
In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a ...
,
education
Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty. Va ...
,
small
Small may refer to:
Science and technology
* SMALL, an ALGOL-like programming language
* Small (anatomy), the lumbar region of the back
* ''Small'' (journal), a nano-science publication
* <small>, an HTML element that defines smaller text ...
and medium
business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for pr ...
, and
consumer
A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities. T ...
markets. Before June 2001, MPC Corporation was known as Micron Electronics Inc., a subsidiary of
Boise
Boise (, , ) is the capital and most populous city of the U.S. state of Idaho and is the county seat of Ada County. On the Boise River in southwestern Idaho, it is east of the Oregon border and north of the Nevada border. The downtown area's ...
-based
semiconductor
A semiconductor is a material which has an electrical resistivity and conductivity, electrical conductivity value falling between that of a electrical conductor, conductor, such as copper, and an insulator (electricity), insulator, such as glas ...
manufacturer
Micron Technology
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including ...
.
MPC filed for
Chapter 11 bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whe ...
on November 7, 2008, three days after their common stock was
delisted
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are officially traded on a stock exchange. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, su ...
from the NYSE Alternext U.S. exchange (formerly the
American Stock Exchange
NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known ...
). On December 31, 2008, MPC notified the
Idaho Department of Labor
The Idaho Department of Labor is a state agency in Idaho. The agency is responsible for economic development, labor relations, workforce, technology, volunteerism, and workforce development. It also processes requests for unemployment benefits
...
that its efforts to reorganize had failed and the company would cease operations.
History
MPC Computers (originally named Micron Electronics Inc.) was founded privately in
Nampa, Idaho
Nampa () is the largest city in Canyon County, Idaho. Its population was 100,200 at the time of the 2020 Census. It is Idaho's third-most populous city. Nampa is about west of Boise along Interstate 84, and six miles (10 km) west of Meridian. ...
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
Web.com Group Inc. was an American company headquartered in Jacksonville, Florida that provides domain name registration and web development services. Established in 1999 by Darin Brannan, the company was known as Website Pros Inc. until early ...
) in 1999 under CEO
Joel Kocher brought the firm into the web hosting space. In June 2001, in an all-
stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
deal,
Gores Technology Group
The Gores Group is a private equity firm specializing in acquiring and partnering with mature and growing businesses. The company was founded in 1987 by its CEO and chairman, Alec Gores, Alec E. Gores.
Headquartered in Los Angeles, California, wi ...
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
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters ...
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.
Stock delisting
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 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.
Bankruptcy
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 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."
Bowl sponsorship
From 1998 through 2000, MicronPC sponsored the
MicronPC Bowl
The Cheez-It Bowl is an annual college football bowl game that is played in Orlando, Florida, at Camping World Stadium. The bowl is operated by Florida Citrus Sports, a non-profit group which also organizes the Citrus Bowl and the Florida C ...
, a post-season
NCAA
The National Collegiate Athletic Association (NCAA) is a nonprofit organization that regulates student athletics among about 1,100 schools in the United States, Canada, and Puerto Rico. It also organizes the athletic programs of colleges an ...
Division I college football
bowl game
In North America, a bowl game is one of a number of post-season college football games that are primarily played by teams belonging to the NCAA's Division I Football Bowl Subdivision (FBS). For most of its history, the Division I Bowl Subdivis ...
played at
Pro Player Stadium
Hard Rock Stadium is a multi-purpose stadium located in Miami Gardens, Florida. The stadium is the home field for the Miami Dolphins of the National Football League (NFL) and the Miami Hurricanes, the University of Miami's NCAA Division I colleg ...
in
Miami
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade C ...
,
Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...
. In 1999, the bowl was renamed the
MicronPC.com Bowl to emphasize the company's
internet
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, pub ...
presence.
From
2004
2004 was designated as an International Year of Rice by the United Nations, and the International Year to Commemorate the Struggle Against Slavery and its Abolition (by UNESCO).
Events January
* January 3 – Flash Airlines Flight 6 ...
to
2006
File:2006 Events Collage V1.png, From top left, clockwise: The 2006 Winter Olympics open in Turin; Twitter is founded and launched by Jack Dorsey; The Nintendo Wii is released; Montenegro 2006 Montenegrin independence referendum, votes to declare ...
, MPC Computers sponsored the
MPC Computers Bowl
The Famous Idaho Potato Bowl, previously the Humanitarian Bowl (1997–2003, 2007–2010) and the MPC Computers Bowl (2004–2006), is an National Collegiate Athletic Association, NCAA-sanctioned post-season college football bowl game that has be ...
, a post-season
NCAA
The National Collegiate Athletic Association (NCAA) is a nonprofit organization that regulates student athletics among about 1,100 schools in the United States, Canada, and Puerto Rico. It also organizes the athletic programs of colleges an ...
Division I college football
College football (french: Football universitaire) refers to gridiron football played by teams of student athletes. It was through college football play that American football rules first gained popularity in the United States.
Unlike most ...
bowl game
In North America, a bowl game is one of a number of post-season college football games that are primarily played by teams belonging to the NCAA's Division I Football Bowl Subdivision (FBS). For most of its history, the Division I Bowl Subdivis ...
played annually at
Bronco Stadium
Albertsons Stadium is an outdoor athletic stadium in the western United States, located on the campus of Boise State University in Boise, Idaho. It is the home field of the Boise State Broncos of the Mountain West Conference. Known as Bronco S ...
on the campus of
Boise State University
Boise State University (BSU) is a public research university in Boise, Idaho. Founded in 1932 by the Episcopal Church, it became an independent junior college in 1934 and has been awarding baccalaureate and master's degrees It became a publ ...
. Before and after the sponsorship of MPC Computers, this bowl game was known as the
Humanitarian Bowl
The Famous Idaho Potato Bowl, previously the Humanitarian Bowl (1997–2003, 2007–2010) and the MPC Computers Bowl (2004–2006), is an NCAA-sanctioned post-season college football bowl game that has been played annually since 1997 at Albertson ...
; its name was changed to the
Famous Idaho Potato Bowl
The Famous Idaho Potato Bowl, previously the Humanitarian Bowl (1997–2003, 2007–2010) and the MPC Computers Bowl (2004–2006), is an NCAA-sanctioned post-season college football bowl game that has been played annually since 1997 at Albertson ...
in
2011
File:2011 Events Collage.png, From top left, clockwise: a protester partaking in Occupy Wall Street heralds the beginning of the Occupy movement; protests against Libyan dictator Muammar Gaddafi, who was killed that October; a young man celebrate ...
.
Former parent company
Micron Technology
Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including ...
also sponsored the Humanitarian Bowl (at the time named the Crucial.com Humanitarian Bowl) from
1999
File:1999 Events Collage.png, From left, clockwise: The funeral procession of King Hussein of Jordan in Amman; the 1999 İzmit earthquake kills over 17,000 people in Turkey; the Columbine High School massacre, one of the first major school shootin ...
through
2002
File:2002 Events Collage.png, From left, clockwise: The 2002 Winter Olympics are held in Salt Lake City; Queen Elizabeth The Queen Mother and her daughter Princess Margaret, Countess of Snowdon die; East Timor gains East Timor independence, indepe ...
.
References
External links
MPC & Gateway Pro Support and Download Site(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.)
*
MPC & Gateway Pro Community Support Forum(A Volunteer support Community for former MPC Computer and Gateway Pro Customers. Not affiliated with MPC or Gateway.)
{{DEFAULTSORT:Mpc Corporation
1995 establishments in Idaho
2008 disestablishments in Idaho
American companies established in 1995
American companies disestablished in 2008
Companies based in Idaho
Companies that filed for Chapter 11 bankruptcy in 2008
Computer companies established in 1995
Computer companies disestablished in 2008
Defunct companies based in Idaho
Defunct computer companies of the United States
Defunct computer hardware companies
Micron Technology