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HP buys EDS for $13.9bn
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13/05/2008
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HP is to buy computing services company EDS for $13.9billion. The deal will create an organisation with the ‘muscle’ to rival IBM.
“The combination of HP and EDS will create a leading force in global IT services,” said Mark Hurd, HP’s chairman and ceo, pictured. ”Together, we will be a stronger business partner, delivering customers the broadest, most competitive portfolio of products and services in the industry. This reinforces our commitment to help customers manage and transform their technology to achieve better results.”
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Author
Graham Pitcher
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