Report: HP to Acquire EDS

Agam Shah, IDG News Service

Monday, May 12, 2008 12:40 PM PDT

Hewlett-Packard is close to acquiring IT services company Electronic Data Systems for around $13 billion, according to a report in the Wall Street Journal published on Monday.

The deal could be announced as early as Tuesday, according to the news report, which cited sources close to the matter.

The acquisition could boost HP's services business.

A spokeswoman from HP declined comment.

Sponsored Resource:Are you ready for virtualization? Try the sever assessment tool.
Sponsored Resource:Stay at home servers. Learn more about a home server for your family.
Sponsored Resource:Get the communications, data, and security a business needs in one neat package. Learn more.
Sponsored Resource:Learn more about ultra light notebooks from Asus and the best warranty in the industry.
Sponsored Resource:Thinking about a new Laptop? Lenovo has models to meet everyone's needs.
Sponsored Resource:Get the truth about remanufactured ink. Learn more from HP.
Sponsored Resource:Six smart ways to grow small business IT

PC World's Marketplace

Security - July 24, 2008
Fugitive Spam King Dead in Apparent Murder-suicide Convicted spammer Eddie Davidson has killed himself, apparently after murdering his wife and three year-old daughter.
Business Center - July 24, 2008
Wall Street Beat: Some Companies Shine Amid Gloom When Samsung Electronics, a giant in chips, mobile phones and LCD panels, reported earnings on Friday, it noted worsening...
Networking - July 24, 2008
Broadband Innovations, Part 3: The Film Editor's Dream A 10-gbps fiber-optics connection enables a Swedish film editor to do his job in real time from his dream home in a beautiful rural village.
Business Center - July 24, 2008
Samsung Q2 Results Higher on LCD, Cell Phone Sales Healthy sales of LCD (liquid crystal display) panels and a profitable cellular handset business helped Samsung Electronics...

Glenn Fleishman on Hardware - July 23, 2008 10:33 AM
DNS Dot Bomb: Update Your Nameservers If you even suspect you have a DNS nameserver running in your company, it's critical you patch it immediately.
Neil McAllister on Software - July 24, 2008 3:25 PM
Zimbra Desktop Takes Web Mail Offline The latest beta of Yahoo's hybrid e-mail client enables offline access to Web-based and traditional messaging systems.
Erik Larkin on the Web - July 23, 2008 5:40 PM
Like Wikipedia but for Cash: Google's Knol Google today opened the doors to its new Knol, which allows anyone to write articles and earn AdSense revenue on their pages.

Premier Content From Our Sponsors

Cisco Small Business Center Does your network give your business an advantage? Click here to find out...
Microsoft Servers Center Work from home? Find out how the Windows Home Server can help you.

4.46 stars

4.27 stars

5.00 stars

5.00 stars

White papers, case studies and product info from top brands

An Introduction to Networked Storage This paper provides an introduction to the basics of networked storage and its relevance to smaller business operations where storage specialists are typically not found. It discusses the origins and development of the latest advances in storage tec...
VMware Solutions for Small to Medium Businesses Small and medium businesses (SMBs) are always looking for new ways to optimize their existing IT investments. VMware equips SMBs with technology that allows them to cost effectively optimize the use of their existing IT assets and resources as wel...