HP to purchase EDS for $12.6 bln in challenge to IBM

NEW YORK - Hewlett-Packard Co plans to purchase technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.

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HP to purchase EDS for $12.6 bln in challenge to IBM

NEW YORK - Hewlett-Packard Co plans to purchase technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.

Leave a Reply

You must be logged in to post a comment.

HP to purchase EDS for $12.6 bln in challenge to IBM

NEW YORK - Hewlett-Packard Co plans to purchase technology outsourcing company Electronic Data Systems Corp to better compete against IBM , but Wall Street questioned whether the $12.6 billion deal for a slow-growing company was overpriced.

Leave a Reply

You must be logged in to post a comment.