Although it’s not exactly consumer news, Hewlett-Packard recently completed its acquisition of IT solutions company EDS for almost $14 billion dollars. The acquisition was intended to boost revenue HP receives from services to its large enterprise, organizational, and government customers. The move puts HP solidly into the consulting business (in fact, making it the largest IT solutions provider on the planet), should roughly double the annual revenue HP sees from services, and could enable HP to reach out to small and medium sized business with consulting services.
Tag Archive: EDS
HP Announces Almost 25,000 Job Cuts
- By: Geoff Duncan •
- Published: September 16, 2008 •
- Comments: Comments
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This is really one great news! Korea is jumping for joy! Hello iPhone! ;-)...
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