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+ -   HP seals the deal, buys EDS for $14B on Tuesday May 13 2008, @08:14AM netbuzz

Submitted by netbuzz on Tuesday May 13 2008, @08:14AM
hp
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."

http://www.networkworld.com/news/2008/051308-hp-buys-eds-for-139.html

http://www.networkworld.com/community/node/27738"
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