stores stemming from the Nynex acquisition. (Pleasanton, California) after the sale of split-off franchisor to Merisel. 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 subsidiary of Synnex, consisting of the ComputerLand and Datago businesses. 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 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. Inacom Corporation ceased operations completely in 2000. Although the corporate ComputerLand ceased operations [VanStar], many former franchises continue to operate today as independently owned computer businesses under the ComputerLand name. References Further reading David Mercer, "IBM: How the World's Most Successful Corporation is Managed", Kogan Page 1987 https://www.old-computers.com/history/detail.asp?n=25 External links ComputerLand in France near Paris COMPUTERLAND Belgium Chicago ComputerLand ComputerLand of Silicon Valley ComputerLand of Woodbridge ComputerLand Ottumwa ComputerLand Savannah ETC ComputerLand Defunct computer hardware companies Companies based in Hayward, California Defunct companies based in the San Francisco Bay Area Retail companies based in California