May 13, 2008

HP Press Release: HP to Acquire EDS for $13.9 Billion

After trying to acquire the consulting arm of PWC, HP has decided to swallow EDS HP Press Release: HP to Acquire EDS for $13.9 Billion. This is a large transaction by all means. From the press release HP is seeing an opportunity to improve the operational sides of EDS by consolidating, but all in all the two businesses will stay  the way they are.

1 comment:

custom software development said...

Oh god!!! EDS is a big company... what will happen to eds employees after acquisition...