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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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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