HP Completes $13.9 Billion Acquisition of EDS

HP today announced that it has completed its acquisition of EDS, creating a leading force in technology services.

The acquisition is, by value, the largest in the IT services sector and the second largest in the technology industry, following HP’s acquisition of Compaq, which closed in 2002.

Mark Hurd, HP chairman and chief executive officer, commented “This is a historic day for HP and EDS and for the clients we serve”.

Posted by on 08/27 at 06:17 AM

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