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HP Acquires EDS for $13.9B and Targets IBM Services - Read More

Date Added: May 13, 2008 09:04:02 PM
Hewlett Packard will acquire computer consulting firm Electronic Data Systems for $13.9 billion, the companies announced Tuesday. The purchase moves HP closer to head-to-head competition with IBM in the IT-services business. The acquisition -- the largest since HP acquired Compaq under the leadership of Carly Fiorina -- marks a huge expansion in HP's services business. Combined, HP and EDS did ...

Category: Health » Consumer Products and Services


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