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Teknowlogy Group

HP Takes $13.9bn Gamble on EDS for Services Challenge

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Hewlett-Packard and EDS have agreed a $13.9bn merger that would be the most significant M&A in the IT services sector this decade. PAC believes that EDS is a good fit in some regards, but the combined company will be far from the finished article. A protracted takeover would be damaging to both vendors but both companies are very corporate minded and highly standardized - a definite advantage for the integration phase.

Hewlett-Packard has given a firm answer to those doubting its long-term commitment to IT services by announcing a blockbusting $13.9bn takeover deal for EDS, the sector's second-largest player.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.