HP offices
R E L A T E D   C O N T E N T
ADVERTISEMENT

HP in talks to purchase EDS

HP plans to buy EDS, a move that would increase its services business

David Neal, IT Week 13 May 2008
ADVERTISEMENT

HP has confirmed reports that it is close to buying Electronic Data Systems, a deal that would dramatically increase its services business.

A note on the firm's web site yesterday reads, "HP today confirmed that it is engaged in advanced discussions with Electronic Data Systems Corporation regarding a possible business combination involving the two companies."

EDS concurs on its own site, posting this message, "In response to market rumors, Electronic Data Systems Corporation announced that it is in advanced discussions regarding a possible business combination transaction with Hewlett-Packard Company. The company does not intend to comment further unless and until a definitive agreement has been entered into."

Should the deal go through it will be the biggest buy for HP since it acquired Compaq in 2002.

See also:

StorageWorks 9100 Extreme Data Storage System targets data-intensive industries  06 May 2008
HP logoHewlett Packhard has upated its service orientated architecture management kit  30 Apr 2008
But Shell still plans to outsource 3000 IT jobs  07 Jan 2008
Direct sourcing could be a better option, say experts  04 Jan 2008

All IT Management

Like this story? Spread the news by clicking below:

Post this to Delicious del.icio.us    Post this to Digg Digg this    Post this to reddit reddit!

Permalink for this story

M A R K E T P L A C E
Sponsored links
F E A T U R E D   J O B S
| Aston Carter
C++ Research Developer Global Pharmaceutical Company London C++ Research Developer Biotechology Global Medical Company London Global Biotechnology Company specialising in the research and development of cutting edge health care products is looking for an innovative, ... more >
| Aston Carter
Your role will be working on direct market access and exchange connectivity part of the application built in C++ on a Unix platform. The team is currently just 9 people including architect and team lead, ... more >
| Aston Carter
This is a fantastic opportunity working for a leading global software house, which is part of a larger multi media company. The role is working in the core development team in central London developing a ... more >
| Aston Carter
C++, Developer, OO, Unix/NT, API, London, City, Graduate A senior core C++/ Unix developer wanting to work in the heart of the city for one of London's most successful companies is required. The successful candidate ... more >
More job opportunities