Industry News
HP has agreed to buy Electronic Data Systems (EDS) for about $12.6 billion in cash to build a technology-services company that could challenge IBM. – Associated Press, New York Times
And while HP’s purchase of EDS has been met with optimism, especially by EDS shareholders, one industry expert points out three reasons why the deal won’t work for HP. – Wall Street Journal
Lenovo is looking to raise its profile further as it enters the U.S. consumer PC market. – BrandWeek
Business software maker Oracle Corp. said Tuesday it agreed to buy insurance policy software supplier AdminServer Inc. – Associated Press
Microsoft launched its WorldWide Telescope late Monday, bringing the free Web-based program for zooming around the universe to a broad audience. – Associated Press |