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Reuters: HP in talks to buy EDS to compete with IBM

Started by chris, May 13, 2008, 03:21:05 AM

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chris

HP in talks to buy EDS to compete with IBM
      


NEW YORK/SAN FRANCISCO (Reuters) - Hewlett-Packard Co  is in talks to buy technology outsourcing company Electronic Data Systems Corp  for $12 billion to $13 billion in a deal which would vault it to a close second to IBM in technology services.
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