Published on Linux Journal (http://www.linuxjournal.com)
HP Edging Closer to EDS
By Justin Ryan
Created 2008-07-01 10:00

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Hewlett-Packard inched closer to matching IBM's command of the tech market yesterday with the announcement that the U.S. investigation into the company's acquisition of Electronic Data Systems has ended with a thumbs up from Uncle Sam [1].

The deal, which would place HP second only to IBM in the technosphere, still has to clear European regulators, well known for taking a less permissive stance towards competition-limiting partnerships. EDS's shareholders will also have their say at the end of the month, though it doesn't appear that HP is particularly worried about a shareholder veto. The deal, valued between $12.5 and $14 billion, would be the largest buyout for HP since its "merger" with Compaq in May 2002.

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Source URL: http://www.linuxjournal.com/content/hp-slipping-closer-eds

Links:
[1] http://www.reuters.com/article/technologyNews/idUSN3041141220080630?feedType=RSS&feedName=technologyNews
[2] http://tinyurl.com/5vh34m
[3] mailto:news@linuxjournal.com
[4] http://tinyurl.com/6g3xcd