Hewlett Packard's proposed acquisition of Texan IT services giant Electronic Data Systems has won approval from the European Commission.
Despite the fact that outsourcer EDS is soon to be engulfed by Hewlett-Packard, the employees' union has not heard any rumblings about the merger.
Electronic Data Systems shareholders today approved a tie-up with Hewlett-Packard, voting almost unanimously to go through with the US$13.9 billion (AU$14.73 billion) takeover.
HP and EDS customers should look at renegotiating existing contracts to push for price reductions and improved services following the US$13.9bn deal between the two outsourcing giants.
The Australian division of Texan IT services giant EDS has sent its major local clients letters assuring them that its US$13.9 billion acquisition by Hewlett-Packard wouldn't result in a drop in service levels.
As job losses mount and with HP announcing it will lay off tens of thousands of workers following its purchase of EDS, we look at what the crunch means for the IT industry.
Oracle will acquire Siebel Systems for US$5.8 billion. The long-predicted buyout will have interesting ramifications on the Australian market.
The latest Oracle ruling is just another indication that consolidation, mergers and acquisitions are part and parcel of the business landscape. The underlying issue for customers is this: who controls the destiny of their software?
Microsoft's CEO likes what he sees on the horizon as his company fits its message to changing times in the IT industry.
TomorrowNow, a Texas start-up specialising in software maintenance services for PeopleSoft customers, says its phones have been ringing off the hook ever since a recent court ruling gave Oracle permission to continue its hostile pursuit of PeopleSoft.
News analysis: Palm is hoping that lightning will strike twice with its acquisition of Handspring, but the reunion may not be an easy one.
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