EDS 13.9bn
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HP execs: Don't buy into the cloud hype
News You have a host of applications that you will want to run on-premise in the traditional manner; there will be services for outsourcing (for which we have EDS); and there will be an emerging new paradigm that will aim to... [11 Dec 2008]
EDS CEO to retire
News EDS CEO Ronald Rittenmeyer will retire on December 31 this year, HP has confirmed. Services giant HP announced the change on Friday, following its $13.9bn acquisition of EDS in August... [09 Dec 2008]
Mark Hurd
AS Profile Specifically, HP's $13.9bn acquisition of outsourcing giant EDS will see the combined company square up to IBM across hardware, software and services. Mark Hurd ranks in this year's Agenda Setters for... [07 Oct 2008]
HP to slash tens of thousands of jobs
News HP on Monday announced plans to cut tens of thousands of jobs over the next three years as it digests its recent purchase of EDS. We will deliver on the promise of HP and EDS for our customers and... [16 Sep 2008]
HP completes EDS acquisition
News HP completed on Tuesday its mega-acquisition of computer services giant EDS. HP executives have said they are buying EDS to expand HP's business beyond traditional computing and printers.... [27 Aug 2008]
EC gives HP-EDS merger the nod
News A proposed acquisition by HP of computer services company EDS has won approval from the European Commission. In May, HP announced it would buy EDS for $25 per share, or $13.9bn. Under... [29 Jul 2008]
Attempts made to block HP-EDS love-in
News An organisation in the US has filed a lawsuit in an attempt to stop the sale of IT services company EDS to HP. Utah-based Intermountain Ironworkers Trust Fund, which filed the suit through law firm Baron & Budd, has... [04 Jun 2008]
EDS customers advised to look for price cuts
News HP and EDS customers should look at renegotiating existing contracts to push for price reductions and improved services following the $13.9bn deal between the two outsourcing giants. Outsourcing... [21 May 2008]
HP seals $13.9bn deal for EDS
News HP has agreed a $13.9bn deal to create one of the world's largest service providers by buying EDS. Mark Hurd, HP's chairman and CEO, said in a statement: "The combination of HP and EDS... [13 May 2008]
