HP completes EDS acquisition

“This is a historic day for HP and EDS and for the clients we serve,” said Mark Hurd, HP’s chairman and chief executive officer. “Independently, each company is a respected industry leader. Together, we are a global leader, with the capability to serve our clients — whatever their size, location or sector — with one of the most comprehensive and competitive portfolios in the industry.”

As part of the acquisition, HP’s Technology Solutions Group (TSG) will shift its outsourcing operations to EDS, as well as portions of its consulting and integration activities.

The acquisition is said to be the largest in the history of the IT services industry, and the second largest in the technology industry as a whole, following HP’s 2002 acquisition of Compaq.

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter

Leave a comment:

Your email address will not be published. All fields are required

Advertisement

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.
Advertisement