HP Seals the Deal, Buys EDS For $14B 214
netbuzz writes "Following yesterday's spate of heated rumors, the announcement comes this morning that HP has completed a deal to buy EDS for just under $14 billion. The acquisition has been approved by the boards of both companies, according to HP. EDS CEO Ron Rittenmeyer has issued an e-mail to his employees promising that the company brand will continue and, "We are — and will remain — EDS."
Re:Heh... (Score:3, Funny)
Re:The Deal will (Score:5, Funny)
The UK government has already given the cunts enough of my cash that I should own a couple of EDS offices by now. Instead we've got sweet F.A.
Re:The day after. (Score:3, Funny)
Working for EDS is well known as the ninth hell of IT. HP is probably further up in Dante's list but I'm sure it IS futher up.
Re:The Deal will (Score:1, Funny)
Re:Heh... (Score:5, Funny)
employee speaking (Score:4, Funny)
20% off on a laser printer would be sweeeet!!!
Re:Heh... (Score:1, Funny)
What? Letting engineers run things, designing interesting equipment with exotic cutting-edge technology, with everybody getting their own key to the stockroom for personal projects? Service manuals written like EE textbooks? Bean counters shot on sight?
Oh, wait, wrong HP.
Transcript of the final phone negotiations: (Score:3, Funny)
HP: No, how about 12?
EDS: 15?
HP: You're getting warmer, how about 13?
EDS: 14?
HP: Okay, that sounds good, but we don't have 14 ink cartridges here, how about 14 billion in cash?
EDS: Well, ok......
Re:The day after. (Score:4, Funny)
- Confuscius -
Re:employee speaking (Score:1, Funny)
My cost center manager once had me buy an HP 6110 all-in-one from Staples because it was cheaper than the employee discount.
Re:Heh... (Score:4, Funny)
Digital - The beatings will continue until morale improves. The CEO has a reserved parking spot for his luxury car, eats lunch in his private dinning room, and a 24 x 7 security detail.
DEC - The CEO parks his 10 year old pickup truck, the same one he uses to haul his trash to the dump on weekends, in any empty parking spot because he doesn't have a reserved one, eats lunch in the cafe like everyone else, and only has a security detail when the BoD demands it. He comes down to the hardware labs to not only admire your project but to actually understand it.
Unfortunately, Ken didn't understand business as well as he understood technology. But then Robert Palmer didn't understand either.