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HP is about to Acquired EDS for 13.9 Bilions

by Live Crunch on May 13, 2008

EDS Consulting Corp (Electronic Data Systems) which helps their clients find perfect fit candidate for job, is about to be acquired by HP for $13.9 Billions. This will maximize HP’s profit and growth

If the acquisition should go through, HP would have a stronger competitive hand against IBM as they compete for business customers. Thanks to IBM’s Global Services arm, Big Blue can offer back-end hardware such as servers along with longterm service contracts. But there’s one difference: HP still has its PC business, and has spent the last year as the top seller of PCs in the world. IBM, on the other hand, sold its PC arm to Lenovo four years ago.

by CNet

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