HP confirms in talks to buy EDS

Crikey!

Source: http://news.bbc.co.uk/1/hi/business/7397370.stm

Hewlett-Packard (HP) has confirmed that it is in talks to buy the information technology provider Electronic Data Systems (EDS).

It followed a report in the Wall Street Journal, which said that HP was close to a deal to buy EDS for between $12bn (£6.1bn) and $13bn.

EDS is a Texas-based information technology services company, of which HP is among the biggest customers.

 

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